Investors could be shifting tones on AI as global regulators shift on Sam Altman’s ousting as OpenAI CEO and swift reinstatement five days later. With ties to Microsoft (MSFT) — a 49% stakeholder in the artificial intelligence firm — stronger than ever, regulators worry Altman and OpenAI’s connections to the tech giant will make way for an “acquisition without an actual acquisition.”
Axios Tech and Policy Reporter Ashley Gold and Duke University Professor and Venture Capitalist Sultan Meghji join Yahoo Finance Live to discuss the types of guardrails lawmakers will want moving forward as similar shakeups could muddy the waters on transparency and antitrust issues.
Meghji — former CIO of the Federal Deposit Insurance Corp (FDIC) — calls this messy scenario just “another way to get past the regulatory landscape,” similar to past tech and social media trends.
Similarly, Gold expands upon how AI developers could skirt past regulator mandates: “There’s also agreement that only the… biggest, most complicated, most dangerous advanced models are the ones that should be highly regulated. There’s a sense that smaller AI companies that are doing AI models that aren’t quite as impactful should not be caught up in the same regulations as these foundation models that OpenAI and others are working on. So, I think that’s a bit of a lesson we learned from the social media era.”
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
#OpenAI #youtube #yahoofinance
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
#youtube #AI #yahoofinance
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What’s up with all this A.I. propaganda…we all know it’s Monopolized and Centralized! Smh Cut it out Yahoo… 😡
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EARLY IN THE MORNING 🎶
In Japan, AI Is legally allowed to use any copyrighted content train the AI. This is not written into law in the US and I doubt it ever would be.
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laws and regulations are already in place. Every detail from manufucter to consumpion of computers/electronic gadgets involves well set out laws. Stop assuming people are ingnorant.
Real estate investors losing money is music to my ears. They are a major reason why the real estate market is the way that it is now..
Actually, you can blame the Fed for manipulating the market by keeping interest rates artificially low for the last decade. They created this mess and now there’s no way to fix it without completely crashing the market. And I’m OK with that.
You can also blame the Fed but most of it goes to those investors that have made life difficult for the 61% of people that are living paycheck to paycheck and can’t afford to buy a home because of these investors that gobble up the properties and jacking up the rent and buying price for a home. That’s BS.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment…
Please who is the consultant that assist you with your investment and if you don’t mind, how do I get in touch with this person..
📝 Summary of Key Points:
📌 The recent changes in leadership at OpenAI highlight the need for regulations to keep up with evolving technology and prevent centralization issues in the tech industry.
🧐 Different approaches to AI regulation are being discussed, including transparency and regulation of larger AI models.
🚀 Ongoing discussions in Congress are focused on updating antitrust laws for the digital age and the role of federal agencies and courts in enforcing regulations.
🚀 The governance, revenue, and impact of AI companies should be considered when making investment decisions.
🚀 China is moving quickly in AI regulation, while Europe is focusing on regulatory measures. The US needs to find a consensus among lawmakers.
🚀 Balancing regulation and fostering innovation is crucial, and lawmakers need to act swiftly in response to the changing tech landscape.
💡 Additional Insights and Observations:
💬 “The recent leadership shakeup at OpenAI serves as a wake-up call for regulators to establish rules and frameworks to ensure the safe and ethical use of AI.”
📊 No specific data or statistics were mentioned in the video.
🌐 No specific references or sources were mentioned in the video.
📣 Concluding Remarks:
The video emphasizes the importance of regulations keeping up with the evolving technology landscape and preventing centralization issues. It highlights ongoing discussions in Congress about AI regulation and the need for a consensus among lawmakers. Balancing regulation and fostering innovation is crucial, and swift action is needed to address the changing tech landscape.
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