Employee Benefit News May 16, 2023
By Anna Edgerton and Oma Seddiq

Executives from two major AI companies asked senators on Tuesday to pass regulations for the ground-breaking but nascent technology as rapid innovation raises ethical, legal and national security questions.

Speaking to a Senate Judiciary subcommittee, OpenAI CEO Sam Altman praised the potential of the new technology, which he said could solve humanity’s biggest problems. But he also warned that artificial intelligence is powerful enough to change society in unpredictable ways, and “regulatory intervention by governments will be critical to mitigate the risks.”

“My worst fear is that we, the technology industry, cause significant harm to the world,” Altman said. “If this technology goes wrong, it can go quite wrong.”

IBM’s chief privacy and trust officer Christina Montgomery focused on...

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Topics: AI (Artificial Intelligence), Congress / White House, Govt Agencies, Regulations, Technology
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