Bank-style oversight proposed for companies controlling more than 5% of U.S. or global AI compute
The Information reports that Bridgewater’s Greg Jensen is calling for heightened oversight similar to rules for systemically important banks, warning of risks from concentrated computing power and powerful open-source models.
TLDR
Bridgewater’s Greg Jensen wants companies controlling more than 5% of U.S. or global AI computing capacity to face heightened oversight similar to rules for systemically important banks, The Information reports. He warns that concentrated compute and powerful open-source models could create risks regulators aren’t prepared for.
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