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Billionaire investors of the internet era are now locked in a war of words and influenced to determine whether AI's future will be one of concentrated safety or unfettered advancement. The stakes couldn't be higher.<br/><br/>In May 2023, OpenAI CEO Sam Altman appeared on Capitol Hill for a Senate subcommittee meeting on AI. The substance of his message: Regulate us. For his opponents, this was the mask-­off moment they’d been wait­ing for. Three months earlier, Musk, who had cofounded and bankrolled OpenAI when it was still an open­ source nonprofit, had taken to X to decry OpenAI’s recent multibillion­ dollar capi­tal infusion from Microsoft. From its nonprofit roots, OpenAI had evolved into a “closed­ source, maximum­ profit company effectively controlled by Microsoft,” Musk said.<br/><br/>For Vinod Khosla and Reid Hoffman—who met with Alt­man together at least once to talk strategy but otherwise move in separate circles—OpenAI’s willingness to compromise is how to get things done. Whether Hoffman is talking to Biden, Pope Francis or U.S. Commerce Secretary Gina Raimondo, a frequent collaborator in recent months, their questions are similar: How will constituents’ lives change because of AI? What about their jobs? When should they be excited for benefits, or cautious about risks? “You have to show you understand what their primary game is, and that they can trust you to figure it out,” Hoffman says. “If your approach to government is to say ‘get out of my way,’ then you’re not help­ing with their game.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/alexkonrad/2024/06/04/inside-silicon-valley-influence-battle-for-ai-future/?sh=44d2570c2dc4<br/><br/>0:00 Introduction<br/>0:59 Where Is Silicon Valley On AI<br/>5:03 Reid Hoffman And The State Of Open AI<br/>7:44 Where Does Social Media And AI Regulation Stand?<br/>9:55 Vinod Khosla's Take On Open AI And The State Of The Industry<br/>13:30 Will Regulations Aid Our Society From AI Going To Far?<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
⏲ 15:51 👁 12.6M
Technical Support Online
⏲ 6 minutes 2 seconds 👁 10.5K
Kevin Stratvert
⏲ 25 seconds 👁 1.3M
Investors have poured money into startups developing AI agents that can complete tasks rather than answer questions like chatbots, after the success of ChatGPT. Companies like Klarna, Microsoft, Google, and OpenAI are working on AI assistants that can handle more complex multi-step tasks rather than single responses. Experts define AI agents as tools that can make decisions and complete work without constant human oversight, going beyond chatbots. Some argue the concept of a general-purpose AI assistant is overhyped, and widespread adoption of AI agents will take time as developers aim to improve the tools and build user trust significantly.
⏲ 0:43 👁 405K
Networking Technologies
⏲ 4 minutes 29 seconds 👁 8K
TechBasics
⏲ 1 minute 25 seconds 👁 26.7K
Nvidia, NVDA, reached $3 trillion in market cap Wednesday, joining Apple and Microsoft as the third company to achieve the milestone. Nvidia is also the second-largest holding in the S&P 500.
⏲ 0:45 👁 860K
Technical Support Online
⏲ 14 minutes 9 seconds 👁 3.2K
Matty McTech
⏲ 1 minute 3 seconds 👁 257.8K
Microsoft is to invest more than $2bn into cloud AI in Sweden.
⏲ 0:55 👁 41.6M
Skills Impact
⏲ 4 minutes 56 seconds 👁 375.4K
Liron Segev
⏲ 5 minutes 40 seconds 👁 1.2M
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