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Bill Gates, Musk and Zuckerberg discussed the future of artificial intelligence behind closed doors

Bill Gates, Musk and Zuckerberg discussed the future of artificial intelligence behind closed doors

How can and should AI developments be regulated? This topic will also be discussed at the Banking Technology Conference on November 7.

“It’s important that we have a judge,” Musk told reporters, adding

A regulator is needed to ensure that companies take actions that are safe and serve the public interest.

Other attendees at the meeting included Nvidia CEO Jensen Huang, Microsoft CEO Satya Nadella, IBM CEO Arvind Krishna, former Microsoft CEO Bill Gates, and AFL-CIO President Liz Schuler. New Jersey Sen. Cory Booker praised the meeting, saying participants agreed that “government has a regulatory role” but that this legislation is a challenge.

Lawmakers want safeguards against potentially dangerous activities such as fake videos, election manipulation and attacks on critical infrastructure.

In March, Musk and a group of AI experts and company executives called for a six-month pause on development of OpenAI systems above GPT-4, citing potential risks to society.

Congress is holding three separate hearings on artificial intelligence this week. Microsoft President Brad Smith told the Senate Judiciary Subcommittee on Tuesday that Congress should “put security brakes on artificial intelligence that controls or manages critical infrastructure.”

Regulators around the world are scrambling to set rules for the use of generative AI, which can create text and images whose artificial origins are almost imperceptible.

Banking technology 2023

Similar topics will be discussed at our Banking Technology Conference on November 7. Register here!

Cover image source: Getty Images

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