• About
  • Advertise
  • Privacy Policy
  • Contact
Sunday, September 14, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

OpenAI CEO Testifies Before U.S Senate

May 16, 2023
Comfort Ampomaaby Comfort Ampomaa
in USA
0
OpenAI CEO Testifies Before U.S Senate

OpenAI CEO Sam Altman speaks before a Senate Judiciary Subcommittee on Privacy, Technology and the Law hearing on artificial intelligence, Tuesday, May 16, 2023, on Capitol Hill in Washington.

The CEO of OpenAI, Sam Altman testified at a Senate hearing on Tuesday, May 16, 2023. The head of the artificial intelligence company that makes ChatGPT disclosed during the hearing that government intervention “will be critical to mitigate the risks of increasingly powerful” AI systems.

“As this technology advances, we understand that people are anxious about how it could change the way we live. We are too,” Altman said.

Altman proposed the formation of a U.S. or global agency that would license the most powerful AI systems and have the authority to “take that license away and ensure compliance with safety standards.”

RelatedPosts

Tyler Robinson Confirmed As Prime Suspect In Charlie Kirk’s Murder

FBI Offers $100,000 For Charlie Kirk’s Murder Suspect

US Marks 24th Anniversary Of 9/11 Attacks

Altman’s company caught public attention after it released ChatGPT late last year. ChatGPT is a free chatbot tool that answers questions with convincingly human-like responses.

Sen. Richard Blumenthal, the Connecticut Democrat who acts as Chair of the Senate Judiciary Committee’s subcommittee on privacy, technology and the law, opened the hearing with a recorded speech that sounded like himself, but was actually a voice clone trained on Blumenthal’s floor speeches and reciting a speech written by ChatGPT after he asked the chatbot to compose his opening remarks.

1000 2023 05 16T180742.349
Sen. Richard Blumenthal, D-Conn., chair of the Senate Judiciary Subcommittee on Privacy, Technology and the Law, speaks during a hearing on artificial intelligence, Tuesday, May 16, 2023, on Capitol Hill in Washington.

Blumenthal said that the result was impressive. However, he added, “What if I had asked it, and what if it had provided, an endorsement of Ukraine surrendering or (Russian President) Vladimir Putin’s leadership?”

Blumenthal stated that AI companies need to be mandated to test their systems and disclose known risks before releasing them, and expressed particular concern about how future AI systems could destabilize the job market.

Asked about what his biggest nightmare regarding AI developments would be, Altman remarked that “he expects there to be significant impact on jobs, but exactly what that impact will be is hard to predict”. He stated that it is important to think about GPT-4 “as a tool, not a creature.”

“It’s a tool that people have a great deal of control,” on how they use it. The OpenAI CEO noted that it is a tool for tasks, rather than jobs.

Looking back through the history of technology, Altman noted that as technology grows, our quality of life raises as well. He added that “he is very optimistic about how great the jobs in the future will be”.

A Critical First Step

The panel’s ranking Republican, Sen. Josh Hawley of Missouri, opined that “Artificial intelligence will be transformative in ways we can’t even imagine, with implications for Americans’ elections, jobs, and security.” He added, “This hearing marks a critical first step towards understanding what Congress should do.”          

IBM’s Chief Privacy and Trust Officer, Christina Montgomery, and Gary Marcus, a Professor Emeritus at New York University also testified at the Senate hearing.

1000 2023 05 16T180853.215
NYU Professor Emeritus Gary Marcus speaks before a Senate Judiciary Subcommittee on Privacy, Technology and the Law hearing on artificial intelligence, Tuesday, May 16, 2023, on Capitol Hill in Washington.

Gary Marcus told the committee that he believed the best way to regulate AI would be to create a new government agency altogether. “My view is we probably need a cabinet-level organisation within the US to address this,” he opined.

However, Christina Montgomery, IBM’s Chief Privacy and Trust Officer, disagreed.

“We don’t want to slow down regulation to address real risks right now. We have existing regulatory authorities in place who have been clear that they have the ability to regulate in their respective domains.”

Christina Montgomery
1000 2023 05 16T181015.083
IBM Chief Privacy and Trust Officer, Christina Montgomery speaks before a Senate Judiciary Subcommittee on Privacy, Technology and the Law hearing on artificial intelligence, Tuesday, May 16, 2023, on Capitol Hill in Washington.

Democratic Senator, Chris Coons responded that these organisations were not funded well enough to do this.

Altman, CEO of OpenAI, has taken the perhaps unusual stance of agreeing that regulation is required, and called on US Senators to regulate artificial intelligence.

“We think that regulatory intervention by governments will be critical to mitigating the risks of increasingly powerful (AI) models,” he said.

A number of tech industry leaders have disclosed that they welcome some form of AI oversight but have cautioned against what they see as overly heavy-handed rules.

READ ALSO: China Prepared To Resolutely Smash Any Form Of Taiwan Independence- Col. Tan Kefei

Tags: Artificial Intelligence (AI)ChatGPTChristina MontgomeryGary MarcusOpenAISam AltmanU.S Senate
Please login to join discussion
Previous Post

Libya’s Rival Administration Suspends Prime Minister

Next Post

MD Of Renaizance Oil Limited Charged For Fraudulent Acts, False Representation

[mc4wp_form id="1264"]

Related Posts

Mining Investments
Extractives/Energy

GHEITI Co-Chair Calls for Stricter Mining Licensing Standards 

September 14, 2025
Mahama’s Government Accused of Betraying Ghanaians’ Trust
General News

Ahiagbah Warns of ‘Supreme Leader’ Under Mahama

September 13, 2025
Trump Rebuffs Putin’s Offer To Aid Israel-Iran Conflict Mediation
Europe

Trump Poised To Sanction Russia If NATO Allies Halt Russian Oil Purchases

September 13, 2025
African Creatives Urged To Think Bigger Than YouTube
Entertainment

African Creatives Urged To Think Bigger Than YouTube

September 13, 2025
Lawyer Bobbey Banson
Extractives/Energy

Serious Talks Underway to Resolve E&P–Azumah Standoff, Lawyer Confirms

September 13, 2025
GSE Investors Smile as Market Delivers Nearly 50% Return in 2025
Securities/Markets

GSE Investors Smile as Market Delivers Nearly 50% Return in 2025

September 13, 2025
Mining Investments
Extractives/Energy

GHEITI Co-Chair Calls for Stricter Mining Licensing Standards 

by Prince AgyapongSeptember 14, 2025
Mahama’s Government Accused of Betraying Ghanaians’ Trust
General News

Ahiagbah Warns of ‘Supreme Leader’ Under Mahama

by Silas Kafui AssemSeptember 13, 2025
Trump Rebuffs Putin’s Offer To Aid Israel-Iran Conflict Mediation
Europe

Trump Poised To Sanction Russia If NATO Allies Halt Russian Oil Purchases

by Comfort AmpomaaSeptember 13, 2025
African Creatives Urged To Think Bigger Than YouTube
Entertainment

African Creatives Urged To Think Bigger Than YouTube

by Esther Korantemaa OffeiSeptember 13, 2025
Lawyer Bobbey Banson
Extractives/Energy

Serious Talks Underway to Resolve E&P–Azumah Standoff, Lawyer Confirms

by Evans Junior OwuSeptember 13, 2025
GSE Investors Smile as Market Delivers Nearly 50% Return in 2025
Securities/Markets

GSE Investors Smile as Market Delivers Nearly 50% Return in 2025

by Stephen M.CSeptember 13, 2025
Mining Investments
Mahama’s Government Accused of Betraying Ghanaians’ Trust
Trump Rebuffs Putin’s Offer To Aid Israel-Iran Conflict Mediation
African Creatives Urged To Think Bigger Than YouTube
Lawyer Bobbey Banson
GSE Investors Smile as Market Delivers Nearly 50% Return in 2025
[/vc_row_inner]

Recent News

  • GHEITI Co-Chair Calls for Stricter Mining Licensing Standards 
  • Ahiagbah Warns of ‘Supreme Leader’ Under Mahama
  • Trump Poised To Sanction Russia If NATO Allies Halt Russian Oil Purchases
  • African Creatives Urged To Think Bigger Than YouTube
  • Serious Talks Underway to Resolve E&P–Azumah Standoff, Lawyer Confirms
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.