By using this site, you agree to the Privacy Policy and Terms of Use.
Accept

Your #1 guide to start a business and grow it the right way…

  • Home
  • Startups
  • Start A Business
    • Business Plans
    • Branding
    • Business Ideas
    • Business Models
    • Fundraising
  • Growing a Business
  • Funding
  • More
    • Tax Preparation
    • Leadership
    • Marketing
Subscribe
Aa
BrandiaryBrandiary
  • Startups
  • Start A Business
  • Growing a Business
  • Funding
  • Leadership
  • Marketing
  • Tax Preparation
Search
  • Home
  • Startups
  • Start A Business
    • Business Plans
    • Branding
    • Business Ideas
    • Business Models
    • Fundraising
  • Growing a Business
  • Funding
  • More
    • Tax Preparation
    • Leadership
    • Marketing
Made by ThemeRuby using the Foxiz theme Powered by WordPress
Brandiary > Startups > Tech Leaders Once Cried for AI Regulation. Now the Message Is ‘Slow Down’

Tech Leaders Once Cried for AI Regulation. Now the Message Is ‘Slow Down’

News Room By News Room April 17, 2024 5 Min Read
Share

The other night I attended a press dinner hosted by an enterprise company called Box. Other guests included the leaders of two data-oriented companies, Datadog and MongoDB. Usually the executives at these soirees are on their best behavior, especially when the discussion is on the record, like this one. So I was startled by an exchange with Box CEO Aaron Levie, who told us he had a hard stop at dessert because he was flying that night to Washington, DC. He was headed to a special-interest-thon called TechNet Day, where Silicon Valley gets to speed-date with dozens of Congress critters to shape what the (uninvited) public will have to live with. And what did he want from that legislation? “As little as possible,” Levie replied. “I will be single-handedly responsible for stopping the government.”

He was joking about that. Sort of. He went on to say that while regulating clear abuses of AI like deepfakes makes sense, it’s way too early to consider restraints like forcing companies to submit large language models to government-approved AI cops, or scanning chatbots for things like bias or the ability to hack real-life infrastructure. He pointed to Europe, which has already adopted restraints on AI as an example of what not to do. “What Europe is doing is quite risky,” he said. “There’s this view in the EU that if you regulate first, you kind of create an atmosphere of innovation,” Levie said. “That empirically has been proven wrong.”

Levie’s remarks fly in the face of what has become a standard position among Silicon Valley’s AI elites like Sam Altman. “Yes, regulate us!” they say. But Levie notes that when it comes to exactly what the laws should say, the consensus falls apart. “We as a tech industry do not know what we’re actually asking for,” Levie said, “I have not been to a dinner with more than five AI people where there’s a single agreement on how you would regulate AI.” Not that it matters—Levie thinks that dreams of a sweeping AI bill are doomed. “The good news is there’s no way the US would ever be coordinated in this kind of way. There simply will not be an AI Act in the US.”

Levie is known for his irreverent loquaciousness. But in this case he’s simply more candid than many of his colleagues, whose regulate-us-please position is a form of sophisticated rope-a-dope. The single public event of TechNet Day, at least as far as I could discern, was a livestreamed panel discussion about AI innovation that included Google’s president of global affairs Kent Walker and Michael Kratsios, the most recent US Chief Technology Officer and now an executive at Scale AI. The feeling among those panelists was that the government should focus on protecting US leadership in the field. While conceding that the technology has its risks, they argued that existing laws pretty much cover the potential nastiness.

Google’s Walker seemed particularly alarmed that some states were developing AI legislation on their own. “In California alone, there are 53 different AI bills pending in the legislature today,” he said, and he wasn’t boasting. Walker of course knows that this Congress can hardly keep the government itself afloat, and the prospect of both houses successfully juggling this hot potato in an election year is as remote as Google rehiring the eight authors of the transformer paper.

The US Congress does have legislation pending. And the bills keep coming—some perhaps less meaningful than others. This week, Representative Adam Schiff, a California Democrat, introduced a bill called the Generative AI Copyright Disclosure Act of 2024. It mandates that large language models must present to the copyright office “a sufficiently detailed summary of any copyrighted works used … in the training data set.” It’s not clear what “sufficiently detailed” means. Would it be OK to say “We simply scraped the open web?” Schiff’s staff explained to me that they were adopting a measure in the EU’s AI bill.

Read the full article here

News Room April 17, 2024 April 17, 2024
Share This Article
Facebook Twitter Copy Link Print
Previous Article Everything we know about Chase’s retail media network
Next Article AI vs. Humans — Why Humans Will Win in Content Creation
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Wake up with our popular morning roundup of the day's top startup and business stories

Stay Updated

Get the latest headlines, discounts for the military community, and guides to maximizing your benefits
Subscribe

Top Picks

27-Year-Old Grows DTC Business From $60,000 to Over $500,000
July 20, 2025
How 2 Stanford Grads Turned an Idea Into a WNBA Partnership
July 20, 2025
At WNBA All-Star Weekend, brands look to court growing fanbases
July 20, 2025
My Top 3 Secrets for Generating Better Advertising Results
July 19, 2025
There’s a New Trend in Real Estate — and It’s Worth $438 Billion
July 19, 2025

You Might Also Like

GM’s Final EV Battery Strategy Copies China’s Playbook: Super Cheap Cells

Startups

Tech Billionaires Back Erebor in the Wake of Silicon Valley Bank Collapse

Startups

Microsoft and OpenAI’s AGI Fight Is Bigger Than a Contract

Startups

Thinking Machines Lab Raises a Record $2 Billion, Announces Cofounders

Startups

© 2023 Brandiary. All Rights Reserved.

Helpful Links

  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Resources

  • Start A Business
  • Funding
  • Growing a Business
  • Leadership
  • Marketing

Popuplar

GM’s Final EV Battery Strategy Copies China’s Playbook: Super Cheap Cells
I Took My Side Hustle Full-Time and Earned $222,000 Last Year
How ‘F1 The Movie’ took a page from the ‘Barbie’ marketing playbook

We provide daily business and startup news, benefits information, and how to grow your small business, follow us now to get the news that matters to you.

Welcome Back!

Sign in to your account

Lost your password?