ChatGPT Creator Sam Altman Returns As OpenAI CEO with More Power
Software company Microsoft has a big investment in OpenAI. Sam is supported by the company's big investors including Microsoft. This may give them freedom to pursue this technology commercially. Mak Yuen Teen, director of the Center of Investor Protection at the National University of Singapore Business School, said: “Sam's return may put an end to the turmoil at the company. However, governance issues may persist. He appears powerful. and it is not clear whether the Board will be able to monitor them. The Board is in danger of becoming merely a rubber stamp.”
The company's new board will have more experience at the top level and will try to strengthen relations with the US government and Wall Street. Last week, OpenAI's board fired Sam without giving any reason. After this, an attempt was made to appoint an interim CEO. There were also reports of Sam joining Microsoft. However, pressure from Microsoft and Sam's loyalty to OpenAI's more than 700 employees led the company to reinstate him.
Generative AI trained on large amounts of data can create new content in a human-like manner. With this, science related assignments can be completed and novels can also be written. Generative AI also has many disadvantages. By using it, cases of fraud are taking place and fake videos are also being made. Because of this, regulators in many countries are preparing to take strict action regarding this. The European Union has revised its AI Act and the US has started efforts for AI regulation. Cases of fraud have increased due to the use of generative AI in India. For this reason there is a demand to control it. The Central Government has also expressed concern over its misuse.
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Technology, OpenAI, ChatGPT, Board, Market, Software, Demand, Employees, Microsoft, Sam Altman, Commercial
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