Will Musk, Zuckerberg & Co. Take Steps Towards AI Regulation At US Senate’s AI Forum?

Hold on tight – there's a new development in the AI world.

Elon Musk and Mark Zuckerberg, two of the tech industry's brightest stars, will be among those shining at the Senate's first artificial intelligence discussion.

A spokesman for Senate Majority Leader Chuck Schumer announced that Elon Musk, Mark Zuckerberg and other executives in the tech industry will assemble in the Capitol next month for the first in a series of policy forums to debate methods to govern artificial intelligence.

Others who have been confirmed as CEOs include former Google CEO Eric Schmidt, Microsoft's Satya Nadella, Alphabet's Sundar Pichai, OpenAI's Sam Altman and NVIDIA's Jensen Huang.

While Zuckerberg serves as CEO of Meta, the parent company of Facebook, SpaceX and Tesla CEO Elon Musk is a co-founder and major investor of OpenAI, the parent firm of AI chatbot ChatGPT.

Schumer's spokeswoman confirmed that the closed-door bipartisan event he is hosting on September 13 would include representatives from advocacy, civil rights, worker and creative groups.

With the help of some of the biggest names in tech, Schumer hopes to make a major mark with the first of what he's calling "AI Insight Forums." Experts and lawmakers have said that the rapidly evolving AI industry has the potential to do enormous good, but it also has the potential to lead to mass worker displacement and be used for things like misinformation campaigns and election interference, so the discussions will provide a foundation for senators as they begin to draught legislation to regulate the industry.

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Why then is there a need for this AI conference?

Schumer had three briefings for senators before the August break to introduce and approve regulations on AI in the Senate by the end of the year, so the September event is the culmination of those efforts.

However, others have questioned Schumer's new strategy in the Senate, as most significant policy legislation is developed through committees of jurisdiction. Schumer has stated that the committees will collaborate with the insight forums.

“We have no choice but to acknowledge that AI’s changes are coming and in many cases are already here,” Schumer said in June during a major address on AI. “We ignore them at our own peril. Many want to ignore AI because it’s so complex. But when it comes to AI, we cannot be ostriches sticking our heads in the sand.”

“You’ve got a lot of folks who have been putting the time in to learn the subject, doing a lot of outreach to the stakeholder community, kind of synthesizing the best ideas. And to me, that’s a process that you ought to let work,” Senate Minority Whip John Thune, R-S.D., a senior member of the Commerce, Science and Transportation Committee, said this summer.

“And if you want to accelerate it, that’s fine, But I don’t know that creating a parallel system is the right way to do this. I think the committee’s want to work. This is in their wheelhouse. Let them produce the results.”

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Will Elon Musk, Mark Zuckerberg and other tech luminaries propel the Senate’s first AI forum toward a smarter and safer AI-driven future? Let us know your thoughts in the comments section below!

First published on Tue, Aug 29, 2023

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