Sam Altman, CEO of OpenAI testified before the U.S. Senate today.
His opinion is that governments must intervene to regulate growth.
"We think that regulatory intervention by governments will be critical to mitigate the risks of increasingly powerful models"
- Sam Altman
Here are the details.
There was even a senator that gave a speech entirely crafted by ChatGPT.
As you can imagine, it sounded impressively convincing.
There seems to be a collective feeling that AI could grow out of control. But so far, no one knows how to direct that growth safely.
And every day that goes by, the technology improves and reaches a wider audience.
It's exciting from a trading perspective because we get to watch how the technology grows over time.
We've got to pay attention to the money. Follow the money, that's where the opportunities are.
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