Musk, Zuckerberg amongst tech leaders going to Senate to discuss AI

Elon Musk: There is an 'overwhelming consensus' that there should be some AI regulation

Revealed: The Secrets our Clients Used to Earn $3 Billion

Elon Musk and Palantir co-founder && amp; CEO Alex Karp go to a bipartisan Artificial Intelligence (AI) Insight Forum for all U.S. senators hosted by Senate Majority Leader Chuck Schumer (D-NY) at the U.S. Capitol in Washington, U.S., September 13,2023

Leah Millis|Reuters

Tech CEOs came down on Capitol Hill Wednesday to consult with senators about expert system as legislators think about how to craft guardrails for the effective innovation.

It was a conference that “may go down in history as being very important for the future of civilization,” billionaire tech executive Elon Musk informed CNBC’s Eamon Javers and other press reporters as he left the conference.

Senate Majority Leader Chuck Schumer, D-N.Y., hosted the panel of tech executives, labor and civil liberties leaders as part of the Senate’s inaugural “AI Insight Forum.”Sens Mike Rounds, R-S.D., Martin Heinrich, D-N.M., and Todd Young, R-Ind, assisted arrange the occasion and have actually dealt with Schumer on other sessions informing legislators on AI.

Top tech executives in presence Wednesday consisted of:

  • OpenAI CEO Sam Altman
  • Former Microsoft CEO Bill Gates
  • Nvidia CEO Jensen Huang
  • Palantir CEO Alex Karp
  • IBM CEO Arvind Krishna
  • Tesla and SpaceX CEO Elon Musk
  • Microsoft CEO Satya Nadella
  • Alphabet and Google CEO Sundar Pichai
  • Former Google CEO Eric Schmidt
  • Meta CEO Mark Zuckerberg

The panel, gone to by more than 60 senators, according to Schumer, happened behind closed doors. Schumer stated the closed online forum enabled an open conversation amongst the participants, without the typical time and format limitations of a public hearing. But Schumer stated some future online forums would be open to public view.

Top U.S. innovation leaders consisting of Tesla CEO Elon Musk, Meta Platforms CEO Mark Zuckerberg, Alphabet CEO Sundar Pichai, OpenAI CEO Sam Altman, Nvidia CEO Jensen Huang, Microsoft CEO Satya Nadella, IBM CEO Arvind Krishna and previous Microsoft CEO Bill Gates take their seats for the start of a bipartisan Artificial Intelligence (AI) Insight Forum for all U.S. senators hosted by Senate Majority Leader Chuck Schumer (D-NY) at the U.S. Capitol in Washington, U.S., September 13,2023

Leah Millis|Reuters

The panel likewise included a number of other stakeholders representing labor, civil liberties and the innovative market. Among those were leaders like:

  • Motion Picture Association Chairman and CEO Charles Rivkin
  • AFL-CIO President Liz Shuler
  • Writers Guild President Meredith Steihm
  • American Federation of Teachers President Randi Weingarten
  • Leadership Conference on Civil and Human Rights President and CEO Maya Wiley

After the early morning session, the AFL-CIO’s Shuler informed press reporters that the conference was a special possibility to combine a large range of voices.

In reaction to a concern about getting to consult with Musk, Shuler stated, “I think it was just an opportunity to be in each other’s space, but we don’t often cross paths and so to bring a worker’s voice and perspective into the room with tech executives, with advocates, with lawmakers is a really unusual place to be.”

“It was a very civilized discussion actually among some of the smartest people in the world,” Musk informed press reporters on his escape. “Sen. Schumer did a great service to humanity here along with the support of the rest of the Senate. And I think something good will come of this.”

Google’s Pichai described 4 locations where Congress might play an essential function in AI advancement, according to his ready remarks. First by crafting policies that support development, consisting of through research study and advancement financial investment or migration laws that incentivize skilled employees to come to the U.S. Second, “by driving greater use of AI in government,” 3rd by using AI to huge issues like discovering cancer, and lastly by “advancing a workforce transition agenda that benefits everyone.”

Google CEO Sundar Pichai, shows up for a United States Senate bipartisan Artificial Intelligence (AI) Insight Forum at the United States Capitol in Washington, DC, on September 13, 2023.

Mandel Ngan|AFP|Getty Images

Meta’s Zuckerberg stated he sees security and gain access to as the “two defining issues for AI,” according to his ready remarks. He stated Meta is being “deliberate about how we roll out these products,” by freely releasing research study, partnering with academics and setting policies for how its AI designs can be utilized.

He promoted Meta’s open-source AI work as a method to guarantee broad access to the innovation. Still, he stated, “we’re not zealots about this. We don’t open source everything. We think closed models are good too, but we also think a more open approach creates more value in many cases.”

Working towards legislation

Schumer stated in his ready remarks that the occasion marked the start of “an enormous and complex and vital undertaking: building a foundation for bipartisan AI policy that Congress can pass.”

There’s broad interest in Washington in developing guardrails for AI, however up until now numerous legislators have actually stated they wish to find out more about the innovation prior to finding out the suitable limitations.

But Schumer informed press reporters after the early morning session that legislation must can be found in a matter of months, not years.

“If you go too fast, you could ruin things,” Schumer stated. “The EU went too fast, and now they have to go back. So what we’re saying is, on a timeline, it can’t be days or weeks, but nor should it be years. It will be in the general category of months.”

U.S. Senate Majority Leader Chuck Schumer (D-NY) resolves an interview throughout a break in a bipartisan Artificial Intelligence (AI) Insight Forum for all U.S. senators at the U.S. Capitol in Washington, September 13, 2023.

Julia Nikhinson|Reuters

Schumer stated he anticipates the real legislation to come through the committees. This session supplies the required structure for them to do this work, he stated. Successful legislation will require to be bipartisan, Schumer included, stating he ‘d spoken to House Speaker Kevin McCarthy, R-Calif, who was “encouraging.”

Schumer stated he ‘d asked everybody in the space Wednesday if they think federal government requires to contribute in managing AI, and everybody raised their hand.

The broad group that went to the early morning session did not enter information about whether a licensing routine or some other design would be most suitable, Schumer stated, including that it would be gone over even more in the afternoon session. Still, he stated, they heard a range of viewpoints on whether a “light touch” was the best method to policy and whether a brand-new or existing company must manage AI.

Young stated those in the space concurred that U.S. worths must notify the advancement of AI, instead of those of the Chinese Communist Party.

While Schumer has actually led this effort for a broad legal structure, he stated his associates require not wait to craft expenses for their concepts about AI policy. But creating practical legislation that can likewise pass will take some time.

Sen Maria Cantwell, D-Wash, who leads the Commerce Committee, forecasted legislators might get AI legislation “done in the next year.” She referenced the Chips and Science Act, a bipartisan law that reserved moneying for semiconductor production, as an example of having the ability to pass crucial innovation legislation relatively rapidly.

In the afternoon, a number of AI executives consisting of Altman remained to dive deeper into essential concerns about the innovation. The group talked about openness, applications of AI in health care, the displacement of employees by AI and who must manage the innovation, according toSchumer They likewise spoke about “the need to do something fairly immediate before the election,” Schumer stated, consisting of around deepfakes and watermarking AI.

“We’re getting to a point where I think committees of jurisdiction will be ready to begin their process considering legislation,” Young stated.

“This is the hardest thing that I think we have ever undertaken,” Schumer informed press reporters. “But we can’t be like ostriches and put our head in the sand. Because if we don’t step forward, things will be a lot worse.”

Subscribe to CNBC on YouTube.

VIEW: Elon Musk: There is an ‘frustrating agreement’ that there must be some AI policy