OpenAI founder Sam Altman has referred to artificial intelligence (AI) as an existential threat and encouraged world leaders to work together on regulating the quickly expanding field. Altman emphasized that the rule should largely apply to key actors in the AI ecosystem, such as Google and OpenAI itself, as opposed to smaller businesses using large language models (LLMs), while speaking at an event hosted by The Economic Times in New Delhi.
According to Altman, OpenAI is aggressively looking for nations to create laws for the AI industry. Altman stated his plan to collaborate with interested businesses throughout the world to create AI rules if governments do not take action. He emphasized India’s G20 leadership as a chance for the nation to prioritize and significantly contribute to creating a global regulatory structure for AI.
The emphasis should be on establishing rules and encouraging a two-way discussion with businesses about the advancement and effect of AI technology, according to Sandhini Agarwal, an AI policy researcher at OpenAI.
Altman lauded the IndiaStack effort while he was in India and stressed the value of using new technology in government agencies in order to expand their reach. In order to encourage the AI ecosystem, he also proposed the notion of a federally supported AI endeavor.
MUST READ – Launch of The Maruti Suzuki Jimny: Price In Indian Market Starts At Rs. 12.74 Lakh.
According to Altman, the adoption of AI might cause some employment market disruption, just like the Industrial Revolution did. But he also emphasized how AI will bring the creation of better and new employment, boosting global prosperity and productivity. Altman emphasized the potential for AI to considerably increase worker productivity and said that AI might assist the IT sector in producing three times as much software as necessary to satisfy global demand.
Altman believes that, despite worldwide fears about job displacement brought on by the use of AI, these developments will be for the better and provide new possibilities. He nevertheless emphasized the necessity of world leaders, particularly significant tech firms, regulating the AI field.
Altman’s journey to India is part of a broader tour that also takes him to places including Israel, Jordan, Qatar, the United Arab Emirates, and South Korea. He recently spoke with Amitabh Kant, India’s G20 Sherpa, to propose using generative AI to raise the standard of living for residents. During his tour, Altman will also have a meeting with Prime Minister Narendra Modi.
