Should the AI makers also be the AI regulators?

Executives of seven tech companies gathered at the White House last month and committed to voluntarily address the risks posed by artificial intelligence. Just days later, a subset of those industry players, including OpenAI, Anthropic and Google, announced the formation of their own regulatory body called the Frontier Model Forum, which they said is focused on the responsible development of powerful AI tools.  The forum is set to have plenty of bells and whistles, including an advisory board and a public library of solutions to support “best practices,” but concrete targets to determine whether the oversight effort is working? Those are a bit more TBD. Marketplace’s Lily Jamali asked Rumman Chowdhury, CEO and co-founder of Humane Intelligence and a responsible AI fellow at Harvard’s Berkman Klein Center for Internet & Society, about the pros and cons of this kind of group.