How OpenAI CEO Sam Altman’s lobbying power tamed Washington

How OpenAI CEO Sam Altman’s lobbying power tamed Washington


The results of the presidential election will have a big impact on the economy, foreign relations and health care. But when it comes to technology, one of the most powerful people shaping regulation isn’t a candidate at all. It’s Sam Altman.

Neither Republican candidate Donald Trump nor his Democratic rival, Vice President Kamala Harris, have been outspoken on generative AI, much less outlined a clear roadmap to regulating a technology that’s already seen explosive growth and integration into businesses and consumer lives.

Altman, the OpenAI co-founder and CEO, meanwhile, has put on a masterclass in wooing Washington, learning from Meta CEO Mark Zuckerberg and social media’s missteps in front of Congress. Lawmakers have now begun embracing AI in a way they never did social media.

“Initially, when AI and ChatGPT came onto the scene, there was a lot of fear and panic about what AI might do in the world.” said Katie Harbath, founder of tech consulting firm Anchor Change and former public policy director at Meta. “You’re starting to see that get pulled back some. They’re worried about how it might impact innovation. People are worried about making sure we can stay competitive with China.”

That new messaging on AI regulation is largely thanks to Altman turning OpenAI into a lobbying powerhouse. The startup has spent more than ever to influence Washington, and brought on staff with deep ties to D.C., including Chris Lehane, who joined as its head of global affairs in April.

Lehane was a political strategist in the Bill Clinton White House before moving west to help companies like Airbnb and Coinbase shape political strategy. Now, he’s bringing his playbook to OpenAI, where his message to Washington is that if the U.S. doesn’t lead the way in AI, an autocratic nation like China will.

“This is technology where we need to almost think about it at the scale of a New Deal. What the New Deal really did is put the U.S. in the position for the 20th century to become the American Century,” Lehane said. “As we think about AI at this particular moment that we’re in, infrastructure is going to be destiny, and that infrastructure has the ability to help re-industrialize the country.”

But just like when social media was in its early stages, lawmakers don’t yet have a handle on AI as the stakes only grow larger. Can we trust the people behind the curtain? Watch this video to learn more.



Source

Nvidia adds nearly 0B in market cap in a matter of days. Here is what’s going right
Technology

Nvidia adds nearly $100B in market cap in a matter of days. Here is what’s going right

Nvidia was once again on the move after the world’s three biggest cloud companies, along with Meta Platforms , guided spending higher last week to keep pace in the artificial intelligence arms race. Some, if not much, of that spend should continue to fill the coffers of the Jensen Huang-run AI chip king. Club stock […]

Read More
Lambda, Microsoft agree to multibillion-dollar AI infrastructure deal with Nvidia chips
Technology

Lambda, Microsoft agree to multibillion-dollar AI infrastructure deal with Nvidia chips

In this photo illustration, a person is holding a smartphone with the logo of US GPU hardware company Lambda Inc. (Lambda Labs) on screen in front of website. Timon Schneider | SOPA Images | AP Cloud computing startup Lambda announced on Monday a multibillion-dollar deal with Microsoft for artificial intelligence infrastructure powered by tens of […]

Read More
Cramer: Amazon-OpenAI cloud deal puts an exclamation point on a remarkable few days
Technology

Cramer: Amazon-OpenAI cloud deal puts an exclamation point on a remarkable few days

Amazon went from “Magnificent Seven” zero to hero in a matter of days. First, it was blowout earnings on Thursday night, followed by a 9.6% stock surge the next day. Then, on Monday, it was a big cloud deal with OpenAI, and the stock soared another 4.5%. Amazon came into last week’s earnings print as […]

Read More