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AI regulations

Sam Altman: AI is too powerful to be left in the hands of corporations

Artificial intelligence is one of the most hotly debated spaces in technology. The technology is here and it is growing exponentially, but regulators are still trying to understand its scope and impact to draft a robust regulatory framework around it. And many fear that this delay in regulating AI space can have a detrimental effect. In fact, the man that practically started the AI race, Sam Altman, founder and CEO of OpenAI, the company behind ChatGPT, himself is advocating a regulatory framework. Speaking at…

OpenAI may leave the EU if regulations bite – CEO

OpenAI CEO Sam Altman said on Wednesday the ChatGPT maker might consider leaving Europe if it could not comply with the upcoming artificial intelligence (AI) regulations by the European Union.The EU is working on what could be the first set of rules globally to govern AI. As part of the draft, companies deploying generative AI tools, such as ChatGPT, will have to disclose any copyrighted material used to develop their systems. Before considering pulling out, OpenAI will try to comply with the regulation in Europe when it…