Why generative AI requires tighter regulation

Select tech firms working on generative artificial intelligence will meet with White House officials as the United States explores regulations aimed at preventing the technology from doing more harm than good – Copyright AFP Arif ALI

Last week, OpenAI CEO Sam Altman testified in a Senate Judiciary Committee hearing to discuss critical risks and considerations for future AI regulation. While Altman and lawmakers collectively agreed that regulation is critical, Altman indicates that this conversation is far from over as next steps remain unclear. Here regulation can different forms and coverage.

Looking into the fallout is Frederik Mennes, Director of Product Management & Business Strategy at OneSpan. Mennes has considered the need for further AI regulation for innovations like ChatGPT, especially when it relates to security.

Mennes sets out the case for regulation as: “The regulation of generative AI is ne