Mr. Altman Goes to Washington

OpenAI CEO Sam Altman is set to testify before Congress today, marking a critical juncture in the regulation discourse of AI technology. Central to this conversation is OpenAI’s generative AI chatbot, ChatGPT, which has dramatically accelerated AI development, spurring giants like Microsoft and Google to hasten their AI-powered offerings.

Altman, who pioneered ventures like the early social media app Loopt and led influential start-up incubator Y Combinator, has been instrumental in shaping AI’s trajectory. His role at OpenAI, initially a non-profit, has positioned him as a key influencer in AI development and policy-making.

The hearing will see Altman discuss the risks of AI, industry competition, and the government’s role in regulating it. His stance on regulation promotes oversight but cautions against halting AI development. He advocates early public exposure to AI tools as a means to identify and mitigate potential risks.

The hearing will provide Altman an opportunity to present a robust argument for competition in the industry. He’s also expected to emphasize the need for U.S. tech companies to maintain a lead in AI to secure a competitive edge globally.

The EU has already proposed AI regulations and – as you know – “the U.S. innovates, the EU regulates.” So, this is business as usual.

Author’s note: This is not a sponsored post. I am the author of this article and it expresses my own opinions. I am not, nor is my company, receiving compensation for it.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit



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