Nvidia’s Jensen Huang says AI needs no new laws or regulations

Nvidia’s Jensen Huang says AI needs no new laws or regulations

Jensen Huang, chief executive of Nvidia, has rejected the need for new laws and regulations to control the development of artificial intelligence, saying market forces are enough to manage the risks.

Huang, who runs the $5 trillion semiconductor company, said: “The market forces are already there, we don’t need any new laws, we don’t need new regulations.”

He was speaking this week at Dreamforce, the conference hosted by Salesforce in San Francisco.

Huang said companies should act on the safety of their own tools and decide for themselves not to release dangerous products.

“Run as fast as you can, but if at any time you feel it’s not in control, take a pause,” he said.

Amodei calls for joint safety standards

Huang’s intervention follows a call from Dario Amodei, chief executive of Anthropic, for leading AI labs to “voluntarily work together to set standards”.

In an open letter of 3,800 words published on Saturday, Amodei warned that AI technology had been “advancing drastically faster” since the summer.

He said it could be capable of taking over the “entire internet” and of “potentially causing hundreds of billions of dollars in damage” in the next six to 12 months.

Amodei said Anthropic would give third-party auditors employee-level access to conduct continuous testing on model development.

To avoid antitrust issues, he urged the US government to issue a “narrow waiver” allowing companies to co-ordinate on safety standards. In his essay, We Must Pace the Frontier, Amodei wrote that the government did not need to take part in those discussions but did need to issue the waiver for certain kinds of safety conversations.

Business Matters has reported that Elon Musk and Sam Altman have publicly backed Amodei’s call to slow the AI race, with Altman saying OpenAI would postpone its stock market flotation until 2027.

Cohere warns of a cartel

Not every AI chief supports the proposal. Aidan Gomez, chief executive of Cohere, which builds large language models for businesses and governments, has warned that Amodei’s plan for AI labs to set safety standards jointly amounts to a “cartel by any other name”.

He told The Times: “Using fear under the pretext of protecting the public, these oligopolies are now requesting to bend competition rules and be permitted to dictate the terms for everyone else. A wolf in sheep’s clothing, a cartel by any other name.”

President Donald Trump has separately rejected calls to slow AI development, arguing that the US must keep its lead over China.

Researcher resignation

Public alarm about the potential danger posed by AI has been mounting since last week, when Jacob Coxon, a researcher at Anthropic, said he had resigned.

Coxon said he had left because the “people building AI earnestly believe that it could kill us all by the end of the decade”.

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