'Regulate Me!': Artificial intelligence edition
Technology,AI,Business,ChatGPT,Economy And Jobs,Labor,Science,FTC,Regulations
Sam Altman, the CEO of the leading artificial intelligence company OpenAI, told Congress to pass more regulations on his industry.
So, of course, you get a shocked reaction from plenty of sources. According to Axios, โSen. Dick Durbin (D-Ill.) called it โhistoricโ that a company was coming to Congress pleading for regulation.โ
Liberal lobbyist and political operative Warren Kinsella stated the ignorant conventional wisdom perfectly:
Sigh. Yes, actually, it is often that you see industry leaders lobbying for regulations that will increase the costs for potential future competitors and boost the power of the politically connected.
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