Elon Musk repeats call for AI regulation

Friday, 16 June 2023 19:00

By Reuters

Elon Musk, CEO of Tesla and owner of Twitter, reaffirmed on Friday his view that there should be a 'pause' on the development of artificial intelligence (AI) and that the sector needed regulation.

"There is a real danger for digital superintelligence having negative consequences," said Musk, at the Paris VivaTech event.

"I am in favour of AI regulation," he added.

Musk also said that the Twitter platform was seeing "all-time highs in usage", adding that almost all advertisers which had previously left Twitter had come back, or had said they would come back.

More from Business

Oil prices surge to highest since 2022 at over $119 a barrel

Oil prices surged over $119 a barrel, hitting levels not seen since mid-2022, on Monday as some major producers cut supplies and fears of prolonged shipping disruptions gripped the market due to the expanding US-Israeli war with Iran.
HSBC CEO says confidence in GCC remains despite regional developments

HSBC on Monday expressed confidence in the Gulf Cooperation Council (GCC) members' economic prospects as the region and the wider Middle East brace for the economic shock from the U.S.-Israeli conflict with Iran.
Silal, National Agricultural Centre partner to boost UAE food security

Silal, an Abu Dhabi agri-food and technology company, has announced the expansion of its operations in Ras Al Khaimah in collaboration with the National Agricultural Centre.
No decision yet on G7 releasing oil stocks, France's Lescure says

G7 countries have not made a decision yet on the potential release of emergency oil stocks in the wake of the U.S.-Israeli conflict with Iran, France's Finance Minister Roland Lescure said on Monday.