Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
No Result
View All Result

OpenAI warns European officials over upcoming AI regulations

CryptoExpert by CryptoExpert
May 28, 2023
in Regulation
0
OpenAI warns European officials over upcoming AI regulations
  • Facebook
  • Twitter
  • Pinterest



You might also like

Bitcoin Whales Add 19,696 BTC as Price Fails to Secure $65,500—What’s Next?

New York AG Warns CLARITY Act Could Weaken Crypto Enforcement

ZRO Price Breaks Over 10% Despite $1.13M Binance Deposit From LayerZero-Linked Wallet

Since artificial intelligence (AI) chatbot ChatGPT was made available for public use in November 2022, its parent company OpenAI has been battling regulators around the world. 

This week, the CEO of the company, Sam Altman, spoke to officials in Brussels about their upcoming EU AI Act for which he has “many concerns.”

Altman particularly highlighted that the regulations plan to include general-purpose AI technology, such as OpenAI’s GPT-4. He said the “details matter” with regard to such legislation and gave a warning about the future of the company’s activities in Europe if too-restrictive regulation comes into action:

“We will try to comply, but if we can’t comply we will cease operating.”

Sundar Pichai, the CEO of Google, also visited European capitals this week to speak to regulators as they create “guardrails” for AI regulation. According to representatives at the meetings, Pichai urged for regulations that don’t hinder innovation. 

Tokenmetrics

The EU AI Act, which is projected to be finalized next year, will be one of the world’s premiere regulation packages for AI technologies. 

Related: OpenAI CEO in ‘advanced talks’ for $100M Worldcoin funding: Report

Initially, the legislation was created to deal with specific, high-risk use cases of AI. However, after the boom in popularity and accessibility, extra rules were included, such as “foundation models” like ChatGPT being responsible for the usage of their applications even if they have no control.

Additionally, companies will have to publicize summaries of copyrighted materials used to train AI, and the technology will be subject to categorization based on the risk they pose to society, to be determined by policymakers.

While companies from within the industry agree that some regulation is necessary, executives have been vocal about over-regulation.

A week prior to his meetings with European leaders, Altman testified before the United States Congress in what was dubbed a “historic” hearing. The OpenAI CEO and other leaders in the industry made their case to U.S. officials regarding government regulation of the technology. 

Magazine: ‘Moral responsibility’: Can blockchain really improve trust in AI?



Source link

  • Facebook
  • Twitter
  • Pinterest
CryptoExpert

CryptoExpert

Recommended For You

Bitcoin Whales Add 19,696 BTC as Price Fails to Secure $65,500—What’s Next?

by CryptoExpert
July 28, 2026
0
Expert Says Bitcoin Price Could Hit $70,000 If Fed Skips Next Rate Hike

Bitcoin’s price yet again failed to secure the resistance above $65,000 as the market conditions turn bearish. The token struggled below the range, despite a strong recovery from...

Read more

New York AG Warns CLARITY Act Could Weaken Crypto Enforcement

by CryptoExpert
July 28, 2026
0
Cointelegraph

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full journalistic independence and integrity....

Read more

ZRO Price Breaks Over 10% Despite $1.13M Binance Deposit From LayerZero-Linked Wallet

by CryptoExpert
July 27, 2026
0
ZRO Price Breaks Over 10% Despite $1.13M Binance Deposit From LayerZero-Linked Wallet

LayerZero price has been displaying significant strength in the past few days, surging over 25% from the July lows. The price surged over 10% in the past 24...

Read more

Why the CLARITY Act’s Ethics Fight Could Derail the Market Structure Bill

by CryptoExpert
July 27, 2026
0
Cointelegraph

The long-awaited US Digital Asset Market Clarity Act (CLARITY) has hit another snag. This time, it’s not software developers or the turf war between federal regulators at stake,...

Read more

XRP Ledger’s Big Upgrade Just Cleared Its Final Vote, Here’s What’s Coming

by CryptoExpert
July 27, 2026
0
XRP Ledger's Big Upgrade Just Cleared Its Final Vote, Here's What's Coming

XRP has already dipped as low as $1.01 during the ongoing bear market pullback, reviving talk that the token could briefly slip below a dollar before this cycle’s...

Read more
Next Post
Tornado Cash governance control set to be restored as voters approve proposal

Tornado Cash governance control set to be restored as voters approve proposal

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 63,912.00
ethereum
Ethereum (ETH) $ 1,918.11
tether
Tether (USDT) $ 0.999182
bnb
BNB (BNB) $ 573.40
usd-coin
USDC (USDC) $ 0.99959
xrp
XRP (XRP) $ 1.07
solana
Solana (SOL) $ 74.46
tron
TRON (TRX) $ 0.324316
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.03
staked-ether
Lido Staked Ether (STETH) $ 2,265.05

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?