The CEO of OpenAI, the company behind, ChatGPT, Sam Altman stated on Monday that while regulation could be done incorrectly, it is vital and should not be feared.
He stated this in Taiwan amid widespread worries about the quick development of artificial intelligence.
A global AI safety summit will be held in November in Britain and will focus on understanding the risks posed by cutting-edge technology and how national and international frameworks could be supported. Many nations are planning AI regulation.
During a visit to Taipei, Sam Altman, the CEO and public face of the startup OpenAI, said that although he was not overly concerned about excessive government regulation, it could still occur.
“I also worry about under-regulation. People in our industry bash regulation a lot. We’ve been calling for regulation, but only of the most powerful systems,” he said.
“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,” Altman, added in his speech at an AI event hosted by Terry Gou, the founder of a major Apple supplier Foxconn.
Altman added that in the tech industry “reflexive anti-regulation thing” exists.
Since the emergence of ChatGPT, artificial intelligence technologies have come under intense scrutiny from governments around the world as it concerns security and privacy.