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MLex Market Insight

Sam Altman’s visit to Asia stimulates discussion about how to regulate AI

MLex Market Insight

MLex Market Insight

News

4.99 Ratings

🗓️ 16 June 2023

⏱️ 21 minutes

🧾️ Download transcript

Summary

The whirlwind tour of Asia by the head of OpenAI has been unfolding against the backdrop of growing concern over the need to regulate generative artificial intelligence. Yet the call by Sam Altman for authorities in Asia to consider a light-touch approach appears in synch with at least some jurisdictions in the region, where policy makers appear both aware of the concerns and determined to harness a technology they believe could boost efficiency and productivity.

Transcript

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0:00.0

This is how humanity makes progress.

0:13.4

We build better tools.

0:15.3

We build on top of the tools before we contribute back to the societal infrastructure.

0:19.7

And people surprise us every time on the upside

0:22.5

of what they're capable of doing.

0:24.3

And that was Sam Altman, the CEO of OpenAI, the company behind the generative AI

0:30.1

ChatGPT.

0:32.7

And he was on stage in Indonesia wearing a traditional batik shirt to deliver that message of hope for the progress

0:39.4

of humanity through the use of new technology during his recent barnstorming tour of Asia.

0:45.8

I'm James Panicki coming to you from the LexisNexis offices in Melbourne, Australia,

0:50.6

and welcome to another MLEX podcast, Brimming with Regulatory News,

0:55.4

with the assistance of our team of reporters around the world.

1:03.7

Now, as we mentioned last week, Altman is urging local authorities to consider AI regulation,

1:10.4

albeit light-t touch regulation that won't

1:13.1

hinder the development of generative artificial intelligence. But in Asia, this message was

1:19.0

delivered against a backdrop of growing concerns over AI and some early tentative steps towards

1:25.3

regulation. And it just so happens that Altman's tour of the

1:28.8

region unfolded in the very same week that the European Parliament approved what could become

1:34.0

groundbreaking AI regulation, an important step in the EU's legislative process. In today's podcast,

1:41.7

we'll assess the regulatory landscape in Asia with a few of our reporters.

1:46.4

We'll be crossing to Japan, China and India over the next 15 minutes or so.

1:51.6

But let's kick things off in Southeast Asia.

...

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