Key takeaways
- CEO of OpenAI, Sam Altman, is testifying before Congress to decide the first steps in AI regulation
- Several AI leaders, including billionaire Elon Musk, have called for AI laws to be introduced sooner rather than later
- AI regulation marks a big opportunity for the US to become a world leader in AI tech, which is good news for investors
Today, select US Congress members will hear from possibly the biggest player in AI right now: OpenAI CEO Sam Altman, the company who created ChatGPT. The hearing is intended to be the first step towards regulation for AI, which many have called for and some argue is already far too late.
Regulating a new technology that could eventually outsmart us? A no-brainer if AI companies want to carry on developing the tech. But there’s an upside to lawmakers closing in on AI, which will make Wall Street happy in the long run. We’ve got the details on why the hearing is happening and what we could see from AI regulation.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased