Tag: Government Regulation

The SEC has filed lawsuits against major players in the cryptocurrency industry for violating securities laws, including Binance and Coinbase. Gary Gensler, SEC Chair, has called for greater power to regulate the market. The lack of clear guidance from the government has caused frustration on both sides of the argument. With billions of dollars and thousands of jobs at stake, the industry and regulators must work together to figure it out.

OpenAI CEO, Sam Altman believes that regulation by world leaders is necessary for mitigating risks of AI. Israel's President, Isaac Herzog, stressed the importance of AI's potential for human well-being while ensuring human independence in the future. Follow Altman's world tour as he approaches governments to protect against risky AI developments.

Explore the insightful views of Sam Altman, CEO of OpenAI, on artificial intelligence's rise. Learn about A.I.'s potential for positive impact, responsibility for governance and regulation, and the need for continued discussions, and reflections on innovation.

. OpenAI CEO Sam Altman recently addressed US Senators regarding Artificial Intelligence (AI) safety. OpenAI's groundbreaking ChatGPT is an AI technology capable of completing a variety of tasks such as writing, coding, and poetics. Governments are beginning to explore the dangers posed by this advanced technology, and ways to ensure it is utilized safely. Altman's insights on AI are pivotal in setting a strategic plan for governing these new technologies.