Altman, CEO of OpenAI, takes a detour and says he has no plans to leave Europe

Sam Altman, CEO of OpenAI, maker of ChatGPT for artificial intelligence (AI), backtracked on comments he made earlier this week about leaving the European Union (EU) if the company failed to comply with rules to monitor the technology.

CEO Altman said on Twitter on Friday that they had a productive discussion in Europe about AI regulation, “We are very happy to continue working here and certainly have no plans to leave.”

Legislation planned by the European Union to regulate artificial intelligence would be the first to put the technology under private scrutiny. The law could also require AI companies to show copyrighted material they used to train their machines to generate text and images.
Sam Altman, speaking to Reuters, expressed his opinion that the ongoing EU legislation on artificial intelligence is excessively regulatory in nature.

On the other hand, the CEO of the San Francisco-based company acknowledged that there have been delays in the process.

Creative artists accuse AI companies of using their work, such as music and art, to train machines to copy their work.

According to the Times magazine, Altman stated that complying with certain security and transparency requirements outlined in the AI Act would be technically impossible for OpenAI.

During a speaking engagement at University College London, the 38-year-old expressed his optimism about artificial intelligence’s potential to generate more employment opportunities and mitigate inequality.

Artificial intelligence and the risk of leadership initiatives

He also met British Prime Minister Rishi Singh, as well as other heads of AI companies including DeepMind and Anthropic, and discussed the dangers of the technology – from misinformation to national security even “existential threats” – and the voluntary measures and legislation needed to control them.

Experts have been voicing their concerns that AI technology could threaten the existence of human civilization since an open letter was written in March and signed by several tech leaders and CEOs, including Elon Musk. , which emphasized that AI systems pose a threat to humanity . and encouraged slowing down its growth.

Prime Minister Sunak expressed his belief that artificial intelligence (AI) has the potential to bring about positive transformations for humanity. He emphasized that AI could lead to improved outcomes for British citizens, presenting emerging opportunities in various domains to enhance public services.

Last week, at the G7 summit in Hiroshima, leaders from the US, UK, Germany, France, Italy, Japan and Canada agreed to build “reliable” AI, urging the world to embrace opportunities and Explore challenges.

Additionally, he announced the establishment of a working group that will address a wide range of issues, including copyright and misinformation.

Before any legislation, the European Commission is trying to create an AI agreement with Alphabet.

A good start is to mandate transparency and build regulatory bodies to enforce accountability, said Tim O’Reilly, a Silicon Valley veteran, author and founder of O’Reilly Media.

“The fear of AI, when combined with its regulatory complexity, can lead to analytical paralysis,” he said.

“Companies involved in the development of advanced AI should collaborate in order to create a comprehensive set of metrics that can be consistently and regularly reported to regulators and the general public. This will ensure transparency and accountability in the field.”

Source Reuters

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