Schumer AI forum draws ire of Big Tech foes in the Senate

  • 📰 dcexaminer
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 94%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

A bipartisan forum on artificial intelligence has irked populist firebrands who say Big Tech CEOs should not be advising the Senate behind closed doors.

Majority Leader Chuck Schumer will host the first"AI Insights Forum" on Wednesday, one step in a monthslong initiative to place guardrails on U.S. innovation in the space. The event has drawn headlines for its"all-star" list of attendees, among them Tesla CEO and X owner Elon Musk, Meta CEO Mark Zuckerberg, and Microsoft founder Bill Gates. But that guest list has also proven to be a point of friction in the Senate.Sen.

"It's all, 'Let us tell you how to shape the regulatory environment in a way that maximally benefits us,' meaning them, and I just have no interest in that project," he added. Global investments in artificial intelligence, which could revolutionize everything from medicine to agriculture, will grow to around $200 billion by 2025, according to Goldman Sachs. But the opportunities, for businesses and society at large, also come with perils, including the displacement of workers and, in doomsday scenarios, the extinction of the human race.

Sen. Richard Blumenthal , who led one such hearing on Tuesday, emphasized that's exactly his goal, noting that several executives, including the leaders of Microsoft and OpenAI, have testified before his Judiciary subcommittee.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk, Mark Zuckerberg, other tech giants to descend on Capitol Hill for Senate AI forumTech and AI experts are briefing senators on the technology's rapid advancement behind closed doors on Wednesday.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Elon Musk and Mark Zuckerberg will talk AI rules in Senate forum on WednesdaySenate Majority Leader Chuck Schumer is convening an AI forum on Wednesday, bringing together big names in tech including Mark Zuckerberg and Elon Musk.
Source: MarketWatch - 🏆 3. / 97 Read more »

Jim Cramer says this Big Tech stock has more room to run on the AI crazeMicrosoft (MSFT) edged higher Monday after Citigroup opened a '90-day positive catalyst watch' on the stock
Source: CNBC - 🏆 12. / 72 Read more »