OpenAI CEO Sam Altman meets with French President Emmanuel Macron (not pictured) at the Elysee Palace in Paris, France, 23 May 2023. YOAN VALAT /Pool via REUTERS/File Photo

OpenAI CEO Sam Altman predicted on Monday a “huge role” for Israel in reducing risks from artificial intelligence and eyed investment opportunities in the country even as it debates whether and how to regulate the technology behind ChatGPT.

Altman is one of the tech world’s most prominent voices urging governments to rapidly come up with regulations to make sure AI is used responsibly.

After crisscrossing Europe last month meeting lawmakers and national leaders to discuss the prospects and threats of AI, Altman now plans to travel to Jordan, Qatar, United Arab Emirates, India and South Korea – all this week.

He is currently in Israel, which a Stanford University study has ranked among the top five countries for significant machine learning systems and concentration of AI skills. “I have been very heartened as I have been doing this trip around the world, getting to meet world leaders, in seeing the thoughtfulness, the focus, and the urgency on figuring out how we mitigate these very huge risks,” Altman said during a meeting with Israeli President Isaac Herzog. “The energy on making use of the technology and its positive benefits is fantastic to see, and I am sure Israel will play a huge role.”

Visiting Microsoft Corp’s R&D centre in Israel, Altman was asked whether his company might also open a local office.

According to a Microsoft statement issued in Hebrew, “he (Altman) said the company prefers to work together in one location but is studying various investment options in Israel“.

SAFETY CONCERNS

The rapid development and popularity of generative AI since Microsoft-backed OpenAI launched ChatGPT last year are spurring global lawmakers to formulate laws to address safety concerns linked to the technology. The European Union is striding ahead with its draft AI Act, which is expected to become law later this year, while the United States is leaning toward adapting existing laws for AI rather than creating whole new legislation. Britain also wants to avoid heavy-handed legislation that could stifle innovation. “Israel – like Britain, and to a great extent like Canada, too – is at the U.S. end of the spectrum,” Ziv Katzir, director of national AI planning at the Israel Innovation Authority, told Reuters. “It has been working on this matter for the last 18 months or so, with a view to achieving the right balance between innovation and the preservation of human rights and civic safeguards.”

Israel published a 115-page draft AI policy in October and is collating public feedback ahead of a final decision.

Altman was not scheduled to meet Israeli Prime Minister Benjamin Netanyahu, who has drawn harsh criticism from leaders in the country’s lifeblood tech sector over a highly-disputed bid to overhaul the judicial system.