Author: Uri Gal, Professor in Business Information Systems, University of Sydney

Last month, OpenAI came out against a yet-to-be enacted Californian law that aims to set basic safety standards for developers of large artificial intelligence (AI) models. This was a change of posture for the company, whose chief executive Sam Altman has previously spoken in support of AI regulation. The former nonprofit organisation, which shot to prominence in 2022 with the release of ChatGPT, is now valued at up to US$150 billion. It remains at the forefront of AI development, with the release last week of a new “reasoning” model designed to tackle more complex tasks. The company has made several…