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Google, OpenAI, Microsoft form ‘Frontier Model Forum’ to regulate AI development

CointelegraphCointelegraph2023/07/26 04:35
By: Savannah Fortis

The Big Tech giants came together to form the Frontier Model Forum in a joint effort to focus on the “safe and responsible” development of frontier AI models.

Big Tech giants Google, Microsoft, ChatGPT maker OpenAI and AI startup Anthropic announced on July 26 that they would form a new industry watchdog group to help regulate artificial intelligence (AI) development.

In a joint released on the Google blog, the companies revealed their new Frontier Model Forum aimed at monitoring the “safe and responsible” development of frontier AI models.

It pointed out that while governments across the world have already begun putting efforts toward regulating AI development and deployment, “ further work is needed on safety standards and evaluations.”

The current core goals of the initiative are to advance research on AI safety, identify best practices for responsible development and deployment of frontier models, collaboration with governments and civil leaders, and support efforts to develop applications.

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Membership to the forum is open to organizations that fit the predefined criteria, which includes developing and deploying frontier models.

“Companies creating AI technology have a responsibility to ensure that it is safe, secure, and remains under human control,” said Brad Smith, the vice chair and president of Microsoft.

According to the announcement, the Frontier Model Forum will establish an advisory board in the coming months to direct the group’s priorities and strategy. It also says the founding companies plan to consult “civil society and governments” regarding the design of the forum.

Anna Makanju, the vice president of global affairs at OpenAI said there is a “profound benefit” to society from advanced AI systems but to achieve this potential there needs oversight and governance.

On July 21, prominent AI companies, including OpenAI, Google, Microsoft and Anthropic, and committed to the safe, secure and transparent development of AI.

In June, United States lawmakers unveiled a bill to to address concerns within the industry.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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