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Tech Leaders Head to Capitol Hill to Propose Their Own AI Rules

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More than 20 tech and civil society leaders, including the chief executives of five of the 10 biggest US companies, are set to appear at a closed-door Senate meeting on Wednesday to shape how artificial intelligence is regulated.

The meeting, which was organized by Senate Majority Leader Chuck Schumer, will include a prestigious, and possibly combustible, mix of personalities with diverging views on how to write the rules for AI. The CEOs of Alphabet Inc., Microsoft Corp., Meta Platforms Inc. and OpenAI will appear alongside rivals and industry critics to discuss possible guardrails for AI that balance the risks and rewards of the technology.

The high-profile summit comes as part of Schumer’s broader efforts to get the Senate up to speed on the rapidly evolving technology. While AI could revolutionize industries from health care to logistics, it also poses a number of risks, including spreading misinformation, amplifying bias and displacing jobs. Some industry critics have previously raised concerns about the potential for tech executives to have too much influence over legislation.

Some senators have already questioned the practice of giving tech executives a platform to explain how they would like to be regulated, especially behind closed doors. Massachusetts Democrat Elizabeth Warren on Monday said the best way to “hear from the tech billionaires is a hearing” in public where people can push back on their arguments.

Source: News Formal (newsformal.com)

 

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