> To expound, this just seems like a power grab to me, to "lock in" the lead and keep AI controlled by a small number of corporations that can afford to license and operate the technologies.
If you actually watch the entire session, Altman does address that and recommend to Congress that regulations 1) not be applied to small startups, individual researchers, or open source, and 2) that they not be done in such a way as to lock in a few big vendors. Some of the Senators on the panel also expressed concern about #2.