There have been calls for new AI regulations early in the industry’s lifecycle, which some lawmakers see as a welcome contrast to the social media industry that has resisted regulation.
As calls for AI regulations intensify, some of the most influential voices in the tech industry are meeting with the US Senate this Wednesday morning as lawmakers prepare to draw up legislation regulating the fast-moving artificial intelligence industry.
CNN reports that among those attending the in-person event will be the CEOs of Anthropic, Google, IBM, Meta, Microsoft, Nvidia, OpenAI, Palantir and X, the company formerly known as Twitter.
The guest list also includes Bill Gates, the former CEO of Microsoft, and Eric Schmidt, the former CEO of Google, along with leading officials from the entertainment industry, civil rights groups, and labour organisations.
Wednesday’s meeting and its expected all-star cast marks the first of nine sessions hosted by Senate Majority Leader Chuck Schumer, who has pledged to craft comprehensive guardrails regulating the AI sector in what he’s described as an unprecedented congressional effort.
The push reflects policymakers’ growing awareness of how artificial intelligence, and particularly the type of generative AI popularized by tools such as ChatGPT, could potentially disrupt business and everyday life in numerous ways — ranging from increasing commercial productivity to threatening jobs, national security and intellectual property.
The session held at the US Capitol in Washington could give the tech industry its most significant opportunity yet to influence how lawmakers design the rules that could govern AI.
Some companies, including Google, IBM, Microsoft and OpenAI, have already offered their own in-depth proposals in white papers and blog posts that describe layers of oversight, testing and transparency — though some companies differ on key questions such as whether a new federal agency is needed to regulate AI.