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OpenAI CEO says it is possible to get regulation wrong but should not fear it

Sam Altman, CEO of ChatGPT maker OpenAI, attends an open dialogue with students at Keio University in Tokyo, Japan June 12, 2023. REUTERS/Issei Kato/file photo

OpenAI CEO says it is possible to get regulation wrong but should not fear it. In response to widespread worries about the rapid development of artificial intelligence (AI), ChatGPT manufacturer OpenAI CEO stated on Monday that while regulation might be done incorrectly, it is vital and shouldn’t be feared.

A worldwide AI safety summit will be held in November in Britain. It will focus on identifying the hazards presented by cutting-edge technology and how national and international frameworks should be supported. Many nations are proposing AI legislation.

During a visit to Taipei, Sam Altman, the CEO and public face of tpenAI, financed by Microsoft Corp (MSFT.O), said that although he was not overly concerned about excessive government regulation, it might happen.

“Under-regulation is another concern I have. In our field, regulation is frequently criticized. RHe noted that regulation has been demanded, but only for the most potent systems,

Speaking at an AI conference sponsored by Terry Gou’s charitable foundation, the founder of major Apple (AAPL.O) supplier Foxconn (2317.T W), Altman added, “Models that are like 10,000 times the power of GPT4, models that are like as smart as human civilization, whatever, those probably deserve some regulation.”

According to Altman, there is a “reflexive anti-regulation thing” in the IT sector.

“Regulation has not always been a pure good, but it has been beneficial in many ways. I trust that they’re relatively safe and I think regulation has been a good thing there, but I don’t want to have to make an assessment about how safe it will be every time I board an airline,” he added.

“It is conceivable for regulation to go wrong, but I don’t believe we stay in our chairs and worry about it. I believe it is significant in some form.

Gou, vying for Taiwan’s next presidency as an independent, sat in the audience but did not participate in the discussion.

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