Facebook
Britain's News Portal
Around The Clock
BREAKING
Loading latest headlines…

AI Bosses Call for Slower Development Amid Regulatory Capture Concerns

Leaders from major AI companies, including OpenAI and Anthropic, are advocating for a slowdown in AI development and increased regulation.

  • Dario Amodei of Anthropic, Sam Altman of OpenAI, Demis Hassabis of Deepmind, and Elon Musk have called for slower AI progress.
  • Analysts suggest a slowdown could allow firms to monetise the over $790bn invested in AI infrastructure this year.
  • Some speculate that calls for regulation are linked to upcoming IPOs for companies like Anthropic and OpenAI.

Bosses from leading artificial intelligence companies are calling for a slower pace of development and increased regulation in the sector. Among those advocating for this approach are Dario Amodei of Anthropic, Sam Altman of OpenAI, Deepmind co-founder Demis Hassabis, and Elon Musk.

The calls for a slowdown are reportedly linked to the need for safety protocols and regulation to catch up with technological advancements. Some experts suggest this move could be a form of regulatory capture, allowing incumbent firms to influence future frameworks.

Additionally, analysts propose that a slowdown could be financially beneficial, providing companies with time to generate returns on the more than $790 billion invested in AI infrastructure this year. The timing also coincides with future IPO plans for companies such as Anthropic and OpenAI, where demonstrating robust governance and risk management could be advantageous.

Related Articles

Get the news that matters.

Join thousands of readers getting the best of British news straight to their inbox.