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OpenAI CEO, Sam Altman, testified at a Senate hearing about the potential risks of AI and expressed his stance on AI regulation through tweets. Altman used terms like "AGI safety" (referring to artificial general intelligence) and "frontier models" (referring to advanced AI systems that analyze large amounts of data). Two major camps are emerging in the AI debate: those focused on "AI safety" and those concerned with "AI ethics." The AI safety camp, including industry leaders like Altman and Google DeepMind, emphasizes the need for regulation to prevent the development of unfriendly AGI. The AI ethics camp emphasizes transparency, anti-discrimination measures, and responsible use of AI. New terms emerged from the hearing such as "Stochastic Parrots," which describes limitations of current language models and "hard takeoff," referring to a rapid development of AGI. Additionally, terms like "explainability," "guardrails," and "emergent behavior" are explored in the context of AI ethics and regulation.

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