By
Adrianne Appel2023-05-19T20:27:00
It is a good idea to regulate artificial intelligence (AI) programs like ChatGPT, the chief executive officer of the popular chatbot’s developer told lawmakers Tuesday.
Companies creating powerful AI should be required to follow safety mandates that include internal and independent testing before being released, said Sam Altman, CEO of OpenAI, before the Senate Judiciary Subcommittee on Privacy, Technology, and the Law. Lawmakers held the hearing to explore what rules and guidance might be needed to help regulate chatbots like the one OpenAI created.
ChatGPT can answer questions on thousands of topics and help write prose, computer code, school papers, and even legal documents. It has raised concerns worldwide for its potential to be abused and is now more accessible after launching on Apple iOS on Thursday.
2023-09-14T18:55:00Z By Adrianne Appel
Federal lawmakers shined a spotlight on artificial intelligence this week, raising the possibility that Congress will—eventually—legislate some controls on the burgeoning technology should middle ground be found.
2023-07-13T20:20:00Z By Kyle Brasseur
The Federal Trade Commission sent to ChatGPT developer OpenAI a list of questions seeking clarity on how the company monitors, collects, and retains user personal information and ensures control over its popular artificial intelligence chatbot.
2023-07-06T15:33:00Z By Neil Hodge
Not all companies can rely on bans or restrictions to employee use of generative artificial intelligence like ChatGPT. Instead of telling people what they can’t do, focus on what they can do.
2025-11-04T18:52:00Z By Adrianne Appel
Less than a year after a new rule required more of the U.S.’s biggest banks to draft “recovery” plans in case of failure, the rule is on its way out.
2025-10-31T17:50:00Z By Adrianne Appel
The U.S. government shutdown has brought most operations at the Securities and Exchange Commission (SEC) to a screeching halt, but that doesn’t mean compliance teams should be taking a breather, experts advised.
2025-10-30T19:39:00Z By Neil Hodge
Companies could face significant compliance challenges in trying to meet new EU legal requirements about how companies share data with third parties.
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