Connect with us

Hi, what are you looking for?


Implications of the OpenAI shakeup for the future of AI development and regulation

The recent shakeup at OpenAI has once again called into question how AI needs to be regulated and handled at the corporate board level. This technology has been rapidly adopted by many businesses and continues to grow and develop, causing a need for proper regulation. Who should handle this regulation and how? Amy Webb, Future Today Institute CEO and Sinan Aral, MIT Professor of Management, Marketing, IT, and Data Science join Yahoo Finance to discuss the turmoil at OpenAI and why it’s time for people, businesses, and the government to get serious about regulating AI and how businesses deal and operate around AI.
Webb outlines what regulations should look like for AI: “We are approaching AI in a punitive way with regulation that hasn’t worked so far. Regulation is really hard to enforce because it is inherently a look back versus a look forward. The better way forward is to use an incentive structure that compels, in a financial way, companies to make better choices. This is something that has never been tried in the United States before, and I really do think the events that took place over the past few days, shows us that we need a different approach going forward.”

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Subscribe to Yahoo Finance:

About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit:

Connect with Yahoo Finance:
Get the latest news:
Find Yahoo Finance on Facebook:
Follow Yahoo Finance on Twitter:
Follow Yahoo Finance on Instagram:
Follow Yahoo Finance Premium on Twitter:

You May Also Like


As gasoline and vitality prices improve world wide and particularly in the US, the pursuit for renewable vitality sources has change into much more...


Kellogg, one of many largest suppliers of packaged meals in the US and the world, has maintained a usually consolidated management of all of...


As fears of inflation are affecting your entire United States financial system, one sector that’s taking over the brunt of the injury is the...


Again in April, Tesla and SpaceX CEO Elon Musk made main waves when he introduced his intent to buy the social media platform Twitter...