OpenAI CEO Says Possible to Get Regulation Wrong, but Should Not Fear it

FILE PHOTO: A keyboard is placed in front of a displayed OpenAI logo in this illustration taken February 21, 2023. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo
FILE PHOTO: A keyboard is placed in front of a displayed OpenAI logo in this illustration taken February 21, 2023. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo
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OpenAI CEO Says Possible to Get Regulation Wrong, but Should Not Fear it

FILE PHOTO: A keyboard is placed in front of a displayed OpenAI logo in this illustration taken February 21, 2023. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo
FILE PHOTO: A keyboard is placed in front of a displayed OpenAI logo in this illustration taken February 21, 2023. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo

The CEO of ChatGPT maker OpenAI said on Monday that it was possible to get regulation wrong but it is important and should not be feared, amid global concerns about rapid advances in artificial intelligence, or AI.

Many countries are planning AI regulation, and Britain is hosting a global AI safety summit in November, focusing on understanding the risks posed by the frontier technology and how national and international frameworks could be supported.
Sam Altman, CEO and the public face of the startup OpenAI, backed by Microsoft Corp, said during a visit to Taipei that although he was not that worried about government over-regulation, it could happen.
"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," added Altman, speaking at an AI event hosted by the charitable foundation of Terry Gou, the founder of major Apple supplier Foxconn.
According to Reuters, Altman said that in the tech industry there is a "reflexive anti-regulation thing".
"Regulation has been not a pure good, but it's been good in a lot of ways. I don't want to have to make an opinion about every time I step on an airplane how safe it's going to be, but I trust that they're pretty safe and I think regulation has been a positive good there," he said.
"It is possible to get regulation wrong, but I don't think we sit around and fear it. In fact we think some version of it is important."



Saudi Aramco Unveils New Initiatives to Drive Digital Development

Saudi Aramco unveiled on Tuesday new initiatives aimed at driving the development and deployment of advanced digital solutions across its operations. (SPA)
Saudi Aramco unveiled on Tuesday new initiatives aimed at driving the development and deployment of advanced digital solutions across its operations. (SPA)
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Saudi Aramco Unveils New Initiatives to Drive Digital Development

Saudi Aramco unveiled on Tuesday new initiatives aimed at driving the development and deployment of advanced digital solutions across its operations. (SPA)
Saudi Aramco unveiled on Tuesday new initiatives aimed at driving the development and deployment of advanced digital solutions across its operations. (SPA)

Saudi Aramco, one of the world’s leading integrated energy and chemicals companies, unveiled on Tuesday new initiatives aimed at driving the development and deployment of advanced digital solutions across its operations.

They were announced during the Global AI Summit (GAIN), which began at the King Abdulaziz International Conference Center in Riyadh.

Aramco's Executive Vice President of Technology & Innovation, Ahmad Al-Khowaiter, said: “New digital technologies such as generative AI and the Industrial Internet of Things are expected to transform not only how we work, but also our commercial environment.”

“Aramco is pioneering the use of these technologies at an industrial scale to add significant value across our operations. Our history of innovation inspires us to continue harnessing emerging technologies and help realize the Kingdom’s ambitions to become a global AI leader,” he added.

During the Global AI Summit, Aramco signed memoranda of understanding (MoUs) with Cerebras Systems and FuriosaAI to explore collaboration in supercomputing and AI. Another MoU with Rebellions focuses on the potential deployment of the company’s Neural Processing Unit chips in Aramco’s data centers to enhance digital infrastructure and drive advanced AI innovations.

Aramco also signed an MoU with SambaNova Systems to explore ways to accelerate AI capabilities, innovation, and adoption across the Kingdom.

In addition, Aramco announced the deployment of an AI supercomputer, one of the first systems of its kind in the region. Powered by some of the most powerful NVIDIA graphical processing units (GPUs), it is designed to accelerate complex computing tasks, such as analyzing drilling plans and geological data to recommend optimal well placement.

Aramco has also collaborated with Qualcomm Technologies on the initial deployment of industrial generative AI solutions on the edge, aimed at enhancing facility monitoring, predictive maintenance, and the use of autonomous drones.

These initiatives are part of Aramco’s broader strategy to adopt cutting-edge digital solutions across its business. This builds on the company’s launch of the Saudi Accelerated Innovation Lab (SAIL) — a national engine to transform innovative ideas into fully functional products — and its Global AI Corridor ecosystem.

Aramco’s approach has led to the creation of its first large language model (LLM) for industrial AI applications and the launch of the Eye on AI Program, which aims to establish robust AI cybersecurity governance, equip users with essential cybersecurity skills, and adapt to the rapidly evolving digital landscape.