Dubai Telegraph - AI boss says 'heavy regulation' now could block progress

EUR -
AED 3.826681
AFN 70.961758
ALL 98.138602
AMD 405.652886
ANG 1.877182
AOA 951.190259
ARS 1045.720247
AUD 1.602814
AWG 1.877897
AZN 1.775245
BAM 1.955573
BBD 2.102956
BDT 124.465544
BGN 1.955294
BHD 0.392554
BIF 3076.642669
BMD 1.041829
BND 1.403837
BOB 7.197164
BRL 6.043693
BSD 1.041579
BTN 87.914489
BWP 14.229347
BYN 3.408604
BYR 20419.848375
BZD 2.099456
CAD 1.456529
CDF 2991.091432
CHF 0.930957
CLF 0.036923
CLP 1018.83097
CNY 7.54601
CNH 7.562783
COP 4573.368835
CRC 530.538382
CUC 1.041829
CUP 27.608468
CVE 110.252195
CZK 25.343745
DJF 185.478458
DKK 7.457729
DOP 62.772709
DZD 139.835759
EGP 51.726992
ERN 15.627435
ETB 127.508391
FJD 2.371151
FKP 0.822333
GBP 0.831435
GEL 2.855018
GGP 0.822333
GHS 16.456089
GIP 0.822333
GMD 73.970229
GNF 8977.957272
GTQ 8.040066
GYD 217.904692
HKD 8.110066
HNL 26.320943
HRK 7.431636
HTG 136.72412
HUF 411.522823
IDR 16610.452733
ILS 3.856892
IMP 0.822333
INR 87.968134
IQD 1364.44153
IRR 43834.955489
ISK 145.523076
JEP 0.822333
JMD 165.930728
JOD 0.738765
JPY 161.244275
KES 134.884334
KGS 90.122166
KHR 4193.512952
KMF 492.268155
KPW 937.645704
KRW 1463.259646
KWD 0.320727
KYD 0.867999
KZT 520.059599
LAK 22878.342838
LBP 93271.167197
LKR 303.144792
LRD 187.998165
LSL 18.795317
LTL 3.076251
LVL 0.630192
LYD 5.086409
MAD 10.478083
MDL 18.997794
MGA 4861.435378
MKD 61.522855
MMK 3383.819949
MNT 3540.134882
MOP 8.35093
MRU 41.443187
MUR 48.810083
MVR 16.10707
MWK 1806.090235
MXN 21.283008
MYR 4.654932
MZN 66.583684
NAD 18.795317
NGN 1767.675143
NIO 38.325549
NOK 11.53576
NPR 140.663663
NZD 1.785942
OMR 0.400943
PAB 1.041579
PEN 3.949541
PGK 4.193513
PHP 61.404399
PKR 289.239507
PLN 4.337676
PYG 8131.055634
QAR 3.798559
RON 4.978071
RSD 116.991412
RUB 108.671879
RWF 1421.834864
SAR 3.911473
SBD 8.734231
SCR 14.272055
SDG 626.663972
SEK 11.497837
SGD 1.402931
SHP 0.822333
SLE 23.68116
SLL 21846.638123
SOS 595.230868
SRD 36.978718
STD 21563.75683
SVC 9.113941
SYP 2617.626467
SZL 18.788818
THB 35.922648
TJS 11.092512
TMT 3.646401
TND 3.309016
TOP 2.440072
TRY 35.9978
TTD 7.074178
TWD 33.946439
TZS 2770.578216
UAH 43.089995
UGX 3848.553017
USD 1.041829
UYU 44.294855
UZS 13362.448044
VES 48.506662
VND 26482.251319
VUV 123.688032
WST 2.90836
XAF 655.880824
XAG 0.033274
XAU 0.000384
XCD 2.815595
XDR 0.792308
XOF 655.880824
XPF 119.331742
YER 260.379151
ZAR 18.915093
ZMK 9377.71492
ZMW 28.772658
ZWL 335.468513
  • SCS

    0.2300

    13.27

    +1.73%

  • RIO

    -0.2200

    62.35

    -0.35%

  • NGG

    1.0296

    63.11

    +1.63%

  • GSK

    0.2600

    33.96

    +0.77%

  • JRI

    -0.0200

    13.21

    -0.15%

  • AZN

    1.3700

    65.63

    +2.09%

  • CMSD

    0.0150

    24.46

    +0.06%

  • BCC

    3.4200

    143.78

    +2.38%

  • BCE

    0.0900

    26.77

    +0.34%

  • CMSC

    0.0320

    24.672

    +0.13%

  • RBGPF

    59.2400

    59.24

    +100%

  • BTI

    0.4000

    37.38

    +1.07%

  • RYCEF

    -0.0100

    6.79

    -0.15%

  • RELX

    0.9900

    46.75

    +2.12%

  • VOD

    0.1323

    8.73

    +1.52%

  • BP

    0.2000

    29.72

    +0.67%

AI boss says 'heavy regulation' now could block progress
AI boss says 'heavy regulation' now could block progress / Photo: JACK GUEZ - AFP

AI boss says 'heavy regulation' now could block progress

OpenAI chief Sam Altman spoke out Monday against immediate "heavy regulation" that could hamper the rapid development of artificial intelligence technology, but stressed the need for long-term institutional oversight.

Text size:

Altman, whose company created the ChatGPT bot, last month told US lawmakers that governmental regulatory intervention was needed to face the risks of AI.

In remarks at Israel's Tel Aviv University, Altman on Monday stressed that his call for oversight was not aimed at "the systems of today".

"I think it would be a mistake to go put heavy regulation on the field right now or to try to slow down the incredible innovation," he said.

Altman recognised the risk of a "superintelligence that is not really well aligned", saying it was "something that we may have to confront in the next decade, which is not very long for the institutions of the world to adapt to something".

He reiterated OpenAI's proposal to form a "global organisation" at the "frontier of computer power and techniques", which "could have a framework to license models, to audit the safety of them, to propose tests that are required to be passed".

"That would be one way to treat this as a very serious risk. We do the same thing for nuclear, for example," Altman said, referring the United Nations' nuclear watchdog, the International Atomic Energy Agency.

The US entrepreneur's Israel visit was part of his global tour to charm national leaders and powerbrokers, as well as to meet with local talent and learn about AI's applications.

ChatGPT burst into the spotlight late last year, demonstrating an ability to generate essays, poems and conversations from the briefest of prompts.

The programme's wild success sparked a gold rush with billions of dollars of investment into the field, but critics raised the alarm over the possibility chatbots could flood the web with disinformation or AI-powered automation could lay waste to entire industries.

In a meeting with Israeli President Isaac Herzog earlier on Monday, Altman noted the "urgency" in "figuring out how we mitigate these very huge risks".

"Everyone wants to figure that out," Altman said.

Prime Minister Benjamin Netanyahu meanwhile said that in a phone call, Altman had told him Israel "could become a main global player in the field" of AI.

In a statement, Netanyahu said his country, which already has a thriving hi-tech industry, must "formulate a national policy" on AI.

H.El-Din--DT