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Tech CEO Sam Altman's ouster highlights need for better regulation: experts

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The forced exit of OpenAI CEO Sam Altman last week has renewed calls on Congress to regulate an artificial intelligence industry that has continued to rapidly grow.
The surprising ouster of OpenAI CEO Sam Altman has renewed concern over the state of artificial intelligence regulation as the industry continues to grow at a rapid pace.
« Now is the perfect time to create common sense guard rails, » Christopher Alexander, the chief analytics officer of Pioneer Development Group, told Fox News Digital.
Alexander’s comments come after OpenAI’s board made the move last week to push out Altman, arguing that the company’s founder had not communicated well with the board and that he had lost the confidence of those on it.
« Mr. Altman’s departure follows a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities, » the company said in a release.
The move comes as the growing AI industry begins to attract more attention from governments around the world, with President Biden recently signing an executive order meant to be the first step in regulating the industry. However, just how far reaching that order can go is questionable, while Congress has taken few steps to codify any AI regulation into law.
That lack of regulation has caused concern to grow as one of the country’s leading AI companies, which is behind the popular ChatGPT platform, transitions to new leadership.

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