- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2023-05-19T20:27:00
It is a good idea to regulate artificial intelligence (AI) programs like ChatGPT, the chief executive officer of the popular chatbot’s developer told lawmakers Tuesday.
Companies creating powerful AI should be required to follow safety mandates that include internal and independent testing before being released, said Sam Altman, CEO of OpenAI, before the Senate Judiciary Subcommittee on Privacy, Technology, and the Law. Lawmakers held the hearing to explore what rules and guidance might be needed to help regulate chatbots like the one OpenAI created.
ChatGPT can answer questions on thousands of topics and help write prose, computer code, school papers, and even legal documents. It has raised concerns worldwide for its potential to be abused and is now more accessible after launching on Apple iOS on Thursday.
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2023-09-14T18:55:00Z By Adrianne Appel
Federal lawmakers shined a spotlight on artificial intelligence this week, raising the possibility that Congress will—eventually—legislate some controls on the burgeoning technology should middle ground be found.
2023-07-13T20:20:00Z By Kyle Brasseur
The Federal Trade Commission sent to ChatGPT developer OpenAI a list of questions seeking clarity on how the company monitors, collects, and retains user personal information and ensures control over its popular artificial intelligence chatbot.
2023-07-06T15:33:00Z By Neil Hodge
Not all companies can rely on bans or restrictions to employee use of generative artificial intelligence like ChatGPT. Instead of telling people what they can’t do, focus on what they can do.
2025-03-28T18:45:00Z By Aaron Nicodemus
The Securities and Exchange Commission’s Republican leadership is abandoning the climate-related disclosure rule package passed last year by Democrats, hoping that the courts will kill regulations already on life support.
2025-03-24T15:47:00Z By Aaron Nicodemus
The U.S. Treasury Department’s Financial Crimes Enforcement Network issued a final interim rule that eliminates beneficial ownership information reporting obligations for U.S.-based companies and persons.
2025-03-19T13:00:00Z By Aaron Nicodemus
Federal Reserve Board member Michelle Bowman has been nominated as the board’s vice chair for supervision, a position that oversees regulation of the nation’s largest banks.
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