AI bosses say they can self-regulate and House passes Russia sanctions bill: Morning Rundown

AI executives call for self-regulation of their companies’ technology. Trump reacts to the Fed’s decision to hike interest rates. And the L.A. news community mourns those killed in a helicopter crash.

Concerns about artificial intelligence and the pace of its development have exploded in recent days. Now, tech executives — including Anthropic CEO Dario Amodei, Open AI CEO Sam Altman, Elon Musk and Google DeepMind co-founder Demis Hassabis — are coalescing around the idea that their industry needs to come up with its own rules and standards.

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Tech companies have shown some willingness to make changes — but without regulation, they’re also able to undo those changes whenever they want. Litigation has also moved companies to change, like Meta’s recent $18 billion settlement, which included an agreement to place limits on how teens use Instagram.

But some experts question AI companies’ ability to regulate themselves. “Self regulation is an oxymoron,” said Alex Bores, a New York state assemblyman and supporter of nationwide AI regulation. “That’s just Congress and the president not living up to their duty to protect the American…

Original source: https://www.nbcnews.com/sports