Sam Altman, the chief executive of ChatGPT's OpenAI, testified before members of a Senate subcommittee on Tuesday about the need to regulate the increasingly powerful artificial intelligence technology being created inside his company and others like Google and Microsoft. The three-hour-long hearing touched on several aspects of the risks that generative AI could pose to society, how it would affect the jobs market and why regulation by governments would be needed. Tuesday's hearing will be the first in a series of hearings to come as lawmakers grapple with drafting regulations around AI to address its ethical, legal and national security concerns. Senator Richard Blumenthal from Connecticut opened the proceedings with an AI-generated audio recording that sounded just like him. "Too often we have seen what happens when technology outpaces regulation. We have seen how algorithmic biases can perpetuate discrimination and prejudice and how the lack of transparency can undermine public trust. This is not the future we want," the voice said.

OpenAI CEO Sam Altman discussed the risks and benefits of AI at a Senate Judiciary subcommittee hearing on May 16, 2023. OpenAI CEO Sam Altman told a panel of senators Tuesday that his greatest fear as his company develops artificial intelligence capabilities is that is causes major harmful disruption for people, and acknowledged that AI has this potential downside if it isn't properly regulated. "My worst fears are that we cause significant – we, the field, the technology industry – cause significant harm to the world," Altman told a Senate Judiciary subcommittee. "I think that could happen in a lot of different ways. It's why we started the company."

This Halloween, we attempt to discuss what fears haunt HR about the future of work. Do you fear of AI taking over our jobs – the robot apocalypse as they call it? Does the visual of deserted workplaces – rife with cobwebs, haunted by the voices of former employees – where machines have taken over make you lose your sleep? We asked leaders engaged in HR, HR technology, and the future of work practices on what the biggest fears of HR are. Your HCM System controls the trinity of talent acquisition, management and optimization - and ultimately, multiple mission-critical performance outcomes.

Bob, CFO of ABC Inc is about to get on an earnings call after just reporting a 20% miss on earnings due to slower revenue growth than forecasted. Company ABC's stock price is plummeting, down 25% in extended hour trading. The board is furious and investors demand answers on the discrepancies. Inaccurate revenue forecast remains one of the biggest risks for CFOs. In a recent study, more than 50% of companies feel their pipeline forecast is only about 50% accurate.

Bob, CFO of ABC Inc is about to get on an earnings call after just reporting a 20% miss on earnings due to slower revenue growth than forecasted. Company ABC's stock price is plummeting, down 25% in extended hour trading. The board is furious and investors demand answers on the discrepancies. Inaccurate revenue forecast remains one of the biggest risks for CFOs. In a recent study, more than 50% of companies feel their pipeline forecast is only about 50% accurate.

Bob, CFO of ABC Inc is about to get on an earnings call after just reporting a 20% miss on earnings due to slower revenue growth than forecasted. Company ABC's stock price is plummeting, down 25% in extended hour trading. The board is furious and investors demand answers on the discrepancies. Unlike humans, algorithms can simulate numerous scenarios and recognize patterns that keep re-emerging in the data. It is also not limited to structured data and can examine unstructured data such as emails and logs to extract meaningful indicators.

Bill Gates, Elon Musk and Stephen Hawking all have something in common: All three have gone on the record sharing their concerns and fears about artificial intelligence and robotics. While these technologies hold a great deal of promise, and will have a real impact on our future, it's important for us to understand the ramifications they could have for all of us, particularly in terms of labor. My first big concern about AI was recently highlighted in a New York Times piece by John Markoff, who wrote that while AI has great potential for good, it could also be abused by criminals who might use it for their nefarious goals. The growing sophistication of computer criminals can be seen in the evolution of attack tools like the widely used malicious program known as Blackshades, according to Mr. Goodman. The author of the program, a Swedish national, was convicted last year in the United States. The system, which was sold widely in the computer underground, functioned as a "criminal franchise in a box," Mr. Goodman said.

Bill Gates, Elon Musk and Stephen Hawking all have something in common: All three have gone on the record sharing their concerns and fears about artificial intelligence and robotics. While these technologies hold a great deal of promise, and will have a real impact on our future, it's important for us to understand the ramifications they could have for all of us, particularly in terms of labor. My first big concern about AI was recently highlighted in a New York Times piece by John Markoff, who wrote that while AI has great potential for good, it could also be abused by criminals who might use it for their nefarious goals. The growing sophistication of computer criminals can be seen in the evolution of attack tools like the widely used malicious program known as Blackshades, according to Mr. Goodman. The author of the program, a Swedish national, was convicted last year in the United States.