OpenAI Bolsters Leadership with Key Appointments in Compliance and Economics
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OpenAI Hires Former Uber Executive as Chief Compliance Officer
OpenAI has hired former Uber Technologies Inc. executive Scott Schools to serve as its first chief compliance officer, bolstering the startup's efforts to adapt to emerging global regulations around artificial intelligence. Schools most recently was the chief ethics and compliance officer at Uber, another tech company that has dealt with a complicated regulatory landscape and has sometimes clashed with lawmakers. Schools previously served as associate deputy attorney general at the US Justice Department.
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OpenAI Appoints Former Uber Exec As Compliance Officer To Oversee Regulatory Issues - Microsoft (NASDAQ:MSFT)
Dr. Aaron Chatterji will research AI's impact on economic growth and job creation as OpenAI's first Chief Economist. Artificial intelligence startup OpenAI appointed Scott Schools as the company's chief compliance officer on Tuesday. "Scott's deep expertise will further strengthen our team's ability to deliver beneficial AI technology while continuing to operate with the highest integrity standards and adapting to rapidly evolving regulatory environments," Che Chang, OpenAI's general counsel, said in a statement. Scott brings decades of legal expertise in both the public and private sectors. He was Associate Deputy Attorney General at the U.S. Department of Justice, where he influenced national legal strategies and provided guidance on ethical issues to the Department's leadership. Most recently, he was the Chief Ethics and Compliance Officer at Uber Technologies UBER, directing the company's approach to complex regulatory landscapes. Scott has also worked as a U.S. Attorney for the Northern District of California and South Carolina. Today, Microsoft Corp MSFT-backed OpenAI also appointed Dr. Aaron "Ronnie" Chatterji as its first Chief Economist. In this new role, Chatterji -- a Duke University professor of business and public policy -- will lead research into how AI will influence economic growth and affect job creation. He has held the position of CHIPS coordinator for the Biden White House, managing the implementation of the $52 billion CHIPS and Science Act. Additionally, he served as Acting Deputy Director of the White House National Economic Council and as Chief Economist at the U.S. Department of Commerce. Previously, he was a senior economist on President Obama's Council of Economic Advisers and contributed to various statewide advisory commissions on economic policy in North Carolina. Last month, Mira Murati, OpenAI's chief technology officer, exited OpenAI. Two other top OpenAI executives, Chief Research Officer Bob McGrew and another research leader, Barret Zoph, also left. Read Next: Activist Investor Starboard Slams Pfizer for Underperforming R&D And Overpaying for Acquisitions Image: Shutterstock Market News and Data brought to you by Benzinga APIs
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OpenAI hires Scott Schools as its first Chief Compliance Officer and Dr. Aaron Chatterji as its first Chief Economist, strengthening its regulatory and economic expertise amid AI industry growth.
OpenAI Strengthens Leadership Team with Strategic Appointments
OpenAI, the prominent artificial intelligence startup, has made two significant additions to its executive team, signaling a proactive approach to addressing regulatory challenges and economic implications in the rapidly evolving AI landscape.
Scott Schools Joins as Chief Compliance Officer
Scott Schools, a seasoned legal expert with extensive experience in both public and private sectors, has been appointed as OpenAI's first Chief Compliance Officer
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. This strategic move aims to enhance the company's ability to navigate the complex and emerging global regulations surrounding artificial intelligence.Schools brings a wealth of experience to his new role:
- Most recently served as Chief Ethics and Compliance Officer at Uber Technologies
- Former Associate Deputy Attorney General at the U.S. Department of Justice
- Worked as U.S. Attorney for the Northern District of California and South Carolina
Che Chang, OpenAI's general counsel, emphasized the importance of Schools' appointment, stating, "Scott's deep expertise will further strengthen our team's ability to deliver beneficial AI technology while continuing to operate with the highest integrity standards and adapting to rapidly evolving regulatory environments"
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.Dr. Aaron Chatterji Appointed as Chief Economist
In a parallel move, OpenAI has named Dr. Aaron "Ronnie" Chatterji as its first Chief Economist
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. This appointment underscores the company's commitment to understanding and shaping the economic impact of AI technologies.Dr. Chatterji's impressive background includes:
- Professor of business and public policy at Duke University
- Former CHIPS coordinator for the Biden White House
- Served as Acting Deputy Director of the White House National Economic Council
- Chief Economist at the U.S. Department of Commerce
- Senior economist on President Obama's Council of Economic Advisers
In his new role, Dr. Chatterji will spearhead research into AI's influence on economic growth and job creation, leveraging his extensive experience in economic policy and advisory roles.
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Strategic Moves Amid Industry Challenges
These appointments come at a crucial time for OpenAI, as the AI industry faces increasing scrutiny and regulatory attention. The company, backed by Microsoft Corp, is positioning itself to address potential challenges proactively
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.The new hires also follow recent departures from OpenAI's leadership team, including:
- Mira Murati, Chief Technology Officer
- Bob McGrew, Chief Research Officer
- Barret Zoph, research leader
These organizational changes reflect OpenAI's commitment to adapting its structure and expertise to meet the evolving demands of the AI sector.
As artificial intelligence continues to reshape industries and economies, OpenAI's strategic appointments demonstrate its dedication to responsible innovation and regulatory compliance. The addition of Schools and Dr. Chatterji to the leadership team positions the company to navigate the complex intersection of technology, policy, and economics in the AI era.
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