Moment at 0:10 in OpenAI CEO Sam Altman testifies at Senate hearing on artificial intelligence | full video by CBS News.
Chairmen Ted Cruz speaks on the regulatory practices of the United States over years of technological development and advancements. He explains the importance of regulatory practices and distributions due to differences in government rulings. He proclaims a far better approach that this current Administration ushered in to deregulate AI on various scales and levels so to place it into a far more innovative approach. Stating adoption is far more critical than over regulation. He proposes a new bill that creates a regulatory sandbox, but doesn't explain at great length as to what it means at its full entirety.
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