One Suggestion for Keeping AI Companies in Check: Insurance

The rapid rise of generative AI has built a multibillion-dollar industry virtually overnight, but panelists at South by Southwest said large AI companies face less oversight than the businesses lined up outside of the Austin, Texas, conference. "There's more regulation on a food truck than there is on this technology," Emilia Javorsky, director of the Futures Program at the Future of Life Institute, said during a panel at SXSW on Monday. "Part of that is because we understand the food truck more than we understand this technology," noted Daniel Kokotajlo, a former safety researcher at ChatGPT maker OpenAI who left the company in 2024 to speak out about the need for additional safety and transparency in the industry. The meteoric rise of artificial intelligence and the complexity inherent in the technology make it particularly difficult to craft rules and guardrails beyond the political considerations of getting something done. But there are plenty of ideas, including one from Harva ... Read full article.