CNBC June 4, 2024
Hayden Field

Key Points

– A group of current and former OpenAI employees published an open letter Tuesday describing concerns about the artificial intelligence industry’s rapid advancement despite a lack of oversight, and a lack of whistleblower protections for those who wish to speak up.

– “AI companies have strong financial incentives to avoid effective oversight, and we do not believe bespoke structures of corporate governance are sufficient to change this,” the employees wrote in the open letter.

– OpenAI, Google, Microsoft and other companies are at the helm of a generative AI arms race — a market that is predicted to top $1 trillion in revenue within a decade.

A group of current and former OpenAI employees published an open letter...

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