What ChatGPT creator Sam Altman wanted on AI just came true as Google, Microsoft, Amazon fall in line

tech.hindustantimes.com:

After ChatGPT stormed to immense popularity over the recent months, its founder, Sam Altman, never let an opportunity pass by where he did not express his strong desire for AI regulations to be created that have some sort of backing from the government. He even toured the world, clamoring for the same from every country's government that he visited. His wishes have just about come true as a number of tech majors have lined up, alongside US President Joe Biden, and promised they will ensure adequate safeguards are taken while creating their AI tools. Notably, many have voiced fears that an unregulated AI environment will lead to the "destruction of humanity", a point of view supported by one of the 'godfathers if AI' Geoffrey Hinton and even billionaire Elon Musk.

This new breakthrough in the artificial intelligence space was reached on Friday after seven leading tech companies that are working heavily with AI came to an agreement to implement safeguards within their products. These seven companies include Amazon, Anthropic, Google, Inflection, Meta, Microsoft, and OpenAI. The announcement came straight from the White House, as US President Joe Biden gave a speech where he highlighted the areas where these companies will be building safety measures. This agreement is being seen as the first big step towards regulatory compliance in AI.

According to a report by The New York Times, these seven companies formally made their commitment to new standards for trust, safety, and security in a meeting with Biden. The meeting took place in the afternoon of Friday.

Addressing in a speech, the US President said, “Just two months ago, Kamala (Harris) and I met all these leaders to underscore the responsibility and making sure that the