XM does not provide services to residents of the United States of America.

OpenAI chief concerned about AI being used to compromise elections



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>UPDATE 3-OpenAI chief concerned about AI being used to compromise elections</title></head><body>

Adds quotes from Hirono, paragraphs 5-6

By Diane Bartz, Zeba Siddiqui and Jeffrey Dastin

WASHINGTON, May 16 (Reuters) -The CEO of OpenAI, the startup behind ChatGPT, told a Senate panel on Tuesday the use of artificial intelligence to interfere with election integrity is a "significant area of concern", adding that it needs regulation.

"I am nervous about it," CEO Sam Altman said about elections and AI, adding rules and guidelines are needed.

For months, companies large and small have raced to bring increasingly versatile AI to market, throwing endless data and billions of dollars at the challenge. Some critics fear the technology will exacerbate societal harms, among them prejudice and misinformation, while others warn AI could end humanity itself.

"There's no way to put this genie in the bottle. Globally, this is exploding," said Senator Cory Booker, one of many lawmakers with questions about how best to regulate AI.

Senator Mazie Hirono noted the danger of misinformation as the 2024 election nears. "In the election context, for example, I saw a picture of former President Trump being arrested by NYPD and that went viral," she said, pressing Altman on whether he would consider the faked image harmful.

Altman responded that creators should make clear when an image is generated rather than factual.

Speaking before Congress for the first time, Altman suggested that, in general, the U.S. should consider licensing and testing requirements for development of AI models.

Altman, asked to opine on which AI should be subject to licensing, said a model that can persuade or manipulate a person's beliefs would be an example of a "great threshold."

He also said companies should have the right to say they do not want their data used for AI training, which is one idea being discussed on Capitol Hill. Altman said, however, that material on the public web would be fair game.

Altman also said he "wouldn't say never" to the idea of advertising but preferred a subscription-based model.

The White House has convened top technology CEOs including Altman to address AI. U.S. lawmakers likewise are seeking action to further the technology's benefits and national security while limiting its misuse. Consensus is far from certain.

An OpenAI staffer recently proposed the creation of a U.S. licensing agency for AI, which could be called the Office for AI Safety and Infrastructure Security, or OASIS, Reuters has reported.

OpenAI is backed by Microsoft Corp MSFT.O. Altman is also calling for global cooperation on AI and incentives for safety compliance.

Christina Montgomery, International Business Machines Corp IBM.N chief privacy and trust officer, urged Congress to focus regulation on areas with the potential to do the greatest societal harm.


FOCUS-AI in Washington's crosshairs but consensus far from certainnL1N37C1GD


Reporting by Diane Bartz, Zebba Siddiqui and Jeffrey Dastin; Editing by Matthew Lewis, Edwina Gibbs and Daniel Wallis

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.