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![Billionaire investors of the internet era are now locked in a war of words and influenced to determine whether AI's future will be one of concentrated safety or unfettered advancement. The stakes couldn't be higher.<br/><br/>In May 2023, OpenAI CEO Sam Altman appeared on Capitol Hill for a Senate subcommittee meeting on AI. The substance of his message: Regulate us. For his opponents, this was the mask-off moment they’d been waiting for. Three months earlier, Musk, who had cofounded and bankrolled OpenAI when it was still an open source nonprofit, had taken to X to decry OpenAI’s recent multibillion dollar capital infusion from Microsoft. From its nonprofit roots, OpenAI had evolved into a “closed source, maximum profit company effectively controlled by Microsoft,” Musk said.<br/><br/>For Vinod Khosla and Reid Hoffman—who met with Altman together at least once to talk strategy but otherwise move in separate circles—OpenAI’s willingness to compromise is how to get things done. Whether Hoffman is talking to Biden, Pope Francis or U.S. Commerce Secretary Gina Raimondo, a frequent collaborator in recent months, their questions are similar: How will constituents’ lives change because of AI? What about their jobs? When should they be excited for benefits, or cautious about risks? “You have to show you understand what their primary game is, and that they can trust you to figure it out,” Hoffman says. “If your approach to government is to say ‘get out of my way,’ then you’re not helping with their game.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/alexkonrad/2024/06/04/inside-silicon-valley-influence-battle-for-ai-future/?sh=44d2570c2dc4<br/><br/>0:00 Introduction<br/>0:59 Where Is Silicon Valley On AI<br/>5:03 Reid Hoffman And The State Of Open AI<br/>7:44 Where Does Social Media And AI Regulation Stand?<br/>9:55 Vinod Khosla's Take On Open AI And The State Of The Industry<br/>13:30 Will Regulations Aid Our Society From AI Going To Far?<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success. Billionaire investors of the internet era are now locked in a war of words and influenced to determine whether AI's future will be one of concentrated safety or unfettered advancement. The stakes couldn't be higher.<br/><br/>In May 2023, OpenAI CEO Sam Altman appeared on Capitol Hill for a Senate subcommittee meeting on AI. The substance of his message: Regulate us. For his opponents, this was the mask-off moment they’d been waiting for. Three months earlier, Musk, who had cofounded and bankrolled OpenAI when it was still an open source nonprofit, had taken to X to decry OpenAI’s recent multibillion dollar capital infusion from Microsoft. From its nonprofit roots, OpenAI had evolved into a “closed source, maximum profit company effectively controlled by Microsoft,” Musk said.<br/><br/>For Vinod Khosla and Reid Hoffman—who met with Altman together at least once to talk strategy but otherwise move in separate circles—OpenAI’s willingness to compromise is how to get things done. Whether Hoffman is talking to Biden, Pope Francis or U.S. Commerce Secretary Gina Raimondo, a frequent collaborator in recent months, their questions are similar: How will constituents’ lives change because of AI? What about their jobs? When should they be excited for benefits, or cautious about risks? “You have to show you understand what their primary game is, and that they can trust you to figure it out,” Hoffman says. “If your approach to government is to say ‘get out of my way,’ then you’re not helping with their game.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/alexkonrad/2024/06/04/inside-silicon-valley-influence-battle-for-ai-future/?sh=44d2570c2dc4<br/><br/>0:00 Introduction<br/>0:59 Where Is Silicon Valley On AI<br/>5:03 Reid Hoffman And The State Of Open AI<br/>7:44 Where Does Social Media And AI Regulation Stand?<br/>9:55 Vinod Khosla's Take On Open AI And The State Of The Industry<br/>13:30 Will Regulations Aid Our Society From AI Going To Far?<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.](https://cdn8.hifimov.co/picture/preview/nUE0pUZ6Yl9mZv5xoJAxov5hMKDiqv9KHTblMGSwG0E5MUWeFGyMEF9-ZwDjXFfbXRucEzyAo3LhL_8cK3tlAQN5v7P/(HiFiMov.co)_billionaires-are-battling-for-the-fate-of-ai-will-the-world-benefit-from-the-outcome-.jpg)
⏲ 15:51 👁 12.1M
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⏲ 2 hours 36 minutes 17 seconds 👁 11.3M
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⏲ 2 hours 37 minutes 45 seconds 👁 11.1M
![Another Branded hotel has set eyes on Tobago but this has gone beyond talk, the one hundred and twenty-six villas, 40 room hotel, 2 restaurants, bars, spa, fitness center locatedin Roxborough is already under construction with the project set to be completed by next year end 2025.<br/><br/>Reporter Elizabeth Williams spoke with the managing partner Garry Olsen in New York. More in this report. Another Branded hotel has set eyes on Tobago but this has gone beyond talk, the one hundred and twenty-six villas, 40 room hotel, 2 restaurants, bars, spa, fitness center locatedin Roxborough is already under construction with the project set to be completed by next year end 2025.<br/><br/>Reporter Elizabeth Williams spoke with the managing partner Garry Olsen in New York. More in this report.](https://cdn10.hifimov.co/picture/preview/nUE0pUZ6Yl9mZv5xoJAxov5hMKDiqv9KHHgPpmSwG1OPDzk0IUMPJF9-ZwDjXFfbXRucEzyAo3LhL_8cK3tlAQN5v7P/(HiFiMov.co)_branded-hotel-for-tobago.jpg)
⏲ 3:55 👁 4.3M
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⏲ 2 hours 20 minutes 27 seconds 👁 3M
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⏲ 2 hours 37 minutes 30 seconds 👁 22.4M
![Consumer champion Martin Lewis pushed Cabinet minister Claire Coutinho to apologise live on TV over the Tories claim of a £2,000 tax hike on households if Labour wins the election.The Money Saving Expert challenged the Energy Security Secretary about the tax allegation when she appeared on ITV’s Good Morning Britain.In the first TV debate on Tuesday night, Rishi Sunak repeatedly accused Sir Keir Starmer of having an economic plan which would mean households in Britain would see their tax bills rise by £2,000.Only after being probed repeatedly about this claim did the Labour leader eventually dismiss it as “absolute garbage”.The figures for this alleged £38 billion tax hit on the country were, at least partially, based on calculations done by civil servants at the Treasury, though reportedly at the request of Tory special advisers.Labour has dismissed the Tories’ publication on its tax plans as a “lie,” saying it includes policies which it is not planning to bring in, or not on the scale proposed.Labour this morning put out a letter, sent from the Treasury’s top civil servant James Bowler to Darren Jones, the shadow Chief Secretary to the Treasury, about the Tories’ claims about Labour’s tax plans. Consumer champion Martin Lewis pushed Cabinet minister Claire Coutinho to apologise live on TV over the Tories claim of a £2,000 tax hike on households if Labour wins the election.The Money Saving Expert challenged the Energy Security Secretary about the tax allegation when she appeared on ITV’s Good Morning Britain.In the first TV debate on Tuesday night, Rishi Sunak repeatedly accused Sir Keir Starmer of having an economic plan which would mean households in Britain would see their tax bills rise by £2,000.Only after being probed repeatedly about this claim did the Labour leader eventually dismiss it as “absolute garbage”.The figures for this alleged £38 billion tax hit on the country were, at least partially, based on calculations done by civil servants at the Treasury, though reportedly at the request of Tory special advisers.Labour has dismissed the Tories’ publication on its tax plans as a “lie,” saying it includes policies which it is not planning to bring in, or not on the scale proposed.Labour this morning put out a letter, sent from the Treasury’s top civil servant James Bowler to Darren Jones, the shadow Chief Secretary to the Treasury, about the Tories’ claims about Labour’s tax plans.](https://cdn2.hifimov.co/picture/preview/nUE0pUZ6Yl9mZv5xoJAxov5hMKDiqv9KHUWYpGSwGmqvFwt0oJy3FP9-ZwDjXFfbXRucEzyAo3LhL_8cK3tlAQN5v7P/(HiFiMov.co)_martin-lewis-pushes-cabinet-minister-claire-coutinho-to-apologise-on-live-tv-for-labour-2000-tax-hike-claim.jpg)
⏲ 4:31 👁 11M
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⏲ 2 hours 30 minutes 56 seconds 👁 26M
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⏲ 2 hours 27 minutes 7 seconds 👁 2.2M
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⏲ 1:56:37 👁 1.8M
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⏲ 2 hours 30 minutes 47 seconds 👁 8.2M
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⏲ 4 minutes 5 seconds 👁 7.5K
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