Schumer AI forum draws ire of Big Tech foes in the Senate

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Schumer AI forum draws ire of Big Tech foes in the Senate
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A bipartisan forum on artificial intelligence has irked populist firebrands who say Big Tech CEOs should not be advising the Senate behind closed doors.

Majority Leader Chuck Schumer will host the first"AI Insights Forum" on Wednesday, one step in a monthslong initiative to place guardrails on U.S. innovation in the space. The event has drawn headlines for its"all-star" list of attendees, among them Tesla CEO and X owner Elon Musk, Meta CEO Mark Zuckerberg, and Microsoft founder Bill Gates. But that guest list has also proven to be a point of friction in the Senate.Sen.

"It's all, 'Let us tell you how to shape the regulatory environment in a way that maximally benefits us,' meaning them, and I just have no interest in that project," he added. Global investments in artificial intelligence, which could revolutionize everything from medicine to agriculture, will grow to around $200 billion by 2025, according to Goldman Sachs. But the opportunities, for businesses and society at large, also come with perils, including the displacement of workers and, in doomsday scenarios, the extinction of the human race.

Sen. Richard Blumenthal , who led one such hearing on Tuesday, emphasized that's exactly his goal, noting that several executives, including the leaders of Microsoft and OpenAI, have testified before his Judiciary subcommittee.

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