Sam Altman, the CEO of OpenAI, the parent company of ChatGPT, has appeared before Senate panel and told US lawmakers about the need to regulate artificial intelligence (AI). In his first appearance before the Senate panel, he told the US lawmakers about the potential dangers of AI and urged them to come up with regulations. Altman demanded to form a new agency to license AI companies.
He also addressed the risks involved in AI technology including the impact it can have on the economy and the democracy. Altman added that AI may destroy some jobs but also has the potential to create new ones. He was also concerned about how AI could be used to spread false information during the elections.
Altman said that the intervention by the government is critical in reducing the risks involved in the increasing powerful AI models being created in his company and others like Google and Microsoft.
During the hearing, many politicians expressed concern over the growing capabilities of AI. Republican Senator Josh Hawley called AI technology as revolutionary but also compared it to the ‘atomic bomb’. Richard Blumenthal, Democrat Senator expressed disproval of the AI-dominated future and urged the lawmakers to utilize this choice.
In a two-and-a-half-hour hearing, Altman answered the questions raised in the Senate and explained them about the potential and risks of AI.
The committee said it intended to make this a series of hearings as this one comfortably lasted almost three hours and it became clear that there is plenty more to discuss.