Security News > 2023 > September > What Does Closed-Door Meeting With AI Industry Leaders Mean for Business?

Some of the United States' top tech executives and generative AI development leaders met with senators last Wednesday in a closed-door, bipartisan meeting about possible federal regulations for generative artificial intelligence.

TechRepublic spoke to business leaders about what to expect next in terms of government regulation of generative artificial intelligence and how to remain flexible in a changing landscape.

The goal of the meeting was to explore how federal regulations might respond to the benefits and challenges of rapidly-developing generative AI technology.

Raul Martynek, chief executive officer of data center solutions maker DataBank, emphasized that copyright and privacy are "Two very clear problems stemming from generative AI that legislation could mitigate." Generative AI consumes massive amounts of energy and information about people and copyrighted works.

Regulation of generative AI will move "Reasonably slowly" while policymakers learn about what generative AI can do, Lee said.

Hanna also suggested that business leaders should have human oversight over AI algorithms, be sure that the information conveyed by generative AI is appropriate for all audiences and address ethical problems through third-party audits.

News URL

https://www.techrepublic.com/article/tech-industry-leaders-senate-ai-summit/