📺 Stream EntrepreneurTV for Free 📺

'If This Technology Goes Wrong, It Can Go Quite Wrong': OpenAI CEO Sam Altman Speaks to Lawmakers About AI Risks, Says Government Intervention Is 'Crucial' "My worst fear is we cause significant harm to the world," Altman said.

By Madeline Garfinkle

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Win McNamee | Getty Images
OpenAI CEO Sam Altman speaks before Congress about the need for government regulation of artificial intelligence.

Sam Altman, CEO of OpenAI (creator of the prompt-driven chatbot ChatGPT) knows that the acceleration of artificial intelligence and its potential risks is unsettling — to some.

Altman spoke to the Senate Judiciary subcommittee on Tuesday in his first appearance before Congress, and said it is "crucial" that lawmakers implement safety standards and regulations for AI to "mitigate the risks of increasingly powerful models."

"We understand that people are anxious about how it can change the way we live. We are, too," Altman said. "If this technology goes wrong, it can go quite wrong."

During the nearly three-hour hearing, Altman, along with two other witnesses (Professor Emeritus Gary Marcus and IBM's Chief Privacy and Trust Officer, Christina Montgomery), spoke with nearly 60 lawmakers about the potential AI dangers when left unchecked — from job disruption to intellectual-property theft.

"My worst fear is we cause significant harm to the world," he said.

One suggested move for lawmakers, Altman said, is to implement a licensing system for companies developing powerful AI systems. Lawmakers would outline a series of safety standards that companies need to abide by to grant them a license, and then also have the power to revoke it should they not comply with the standards.

As far as the looming question of how AI will disrupt the job market, Altman agreed that the technology has the potential to eliminate many positions. However, he doesn't think it means there won't be new jobs created as well.

Related: Goldman Sachs Says AI Could Replace The Equivalent of 300 Million Jobs — Will Your Job Be One of Them? Here's How to Prepare.

"I think, [AI can] entirely automate away some jobs," he said. "And it will create new ones that we believe will be much better."

In March, tech magnates like Elon Musk called for a six-month pause on AI in an open letter. On Tuesday, in response to subcommittee member Sen. Josh Hawley's question to the witnesses about the letter, Altman began by saying that the "frame of the letter is wrong," and that what is important is audits and safety standards that need to pass before training the technology. He then added, "If we pause for six months, I'm not sure what we do then, do we pause for another six?"

Altman also stated that before OpenAI deployed GPT4, the company waited more than six months to release it to the public and that the standards that OpenAI has developed and used before deploying technology is the direction the company "wants to go in" rather than "a calendar clock pause."

The chair of the subcommittee, Sen. Richard Blumenthal, also weighed in and said that implementing a moratorium and "sticking our head in the sand" is not a viable solution. "The world won't wait," he said, adding that "safeguards and protections, yes, but a flat stop sign? I would be very worried about that."

It remains to be seen what actions, if any, the government will take on AI, but in closing remarks, Blumenthal said that "hard decisions" will need to be made, but, for now, companies developing AI should take a "do no harm" approach.

Related: Google CEO Sundar Pichai Says There Is a Need For Governmental Regulation of AI: 'There Has To Be Consequences'

Madeline Garfinkle

News Writer

Madeline Garfinkle is a News Writer at Entrepreneur.com. She is a graduate from Syracuse University, and received an MFA from Columbia University. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

These 4 Words Make It Obvious You Used AI to Write a Paper, According to New Research

Scientists are increasingly using ChatGPT and other AI bots to write studies.

Science & Technology

Exploring How Virtual Reality is Changing Startups

Virtual reality's immersive environment is where startup marketing is headed, and early adopters will be the ones who profit.

Franchise

President Biden Just Vetoed a Franchise-Saving Resolution — Here's What You Can Do to Protect Your Business

President Biden's veto of the repeal of the expanded Joint Employer Rule leaves many uncertainties for the franchise industry. Here's how to protect your business.

Starting a Business

Clinton Sparks Podcast: How T.I. Achieved Massive Entrepreneurship Success in Music and Life

This podcast is a fun, entertaining and informative show that will teach you how to succeed and achieve your goals with practical advice and actionable steps given through compelling stories and conversations with Clinton and his guests.

Business News

'They're Scared': PNC Arena Bans New York Residents From Purchasing Tickets Ahead of Rangers, Hurricanes NHL Playoff Matchup

The two teams will face off in Game 1 of the second round of the Eastern Conference fight for the Stanley Cup.