'Bad Idea:' Coinbase CEO Claps Back At Elon Musk, Others Over Plea To Pause AI Training

Coinbase Global Inc COIN CEO Brian Armstrong said it is a “bad idea” to impose a temporary pause on artificial intelligence training systems beyond GPT-4.

What Happened: Armstrong made his comments in a tweet when he responded to “Rebooting AI” author Gary Marcus on Thursday. 

Marcus had said that Elon Musk and over 1,000 others, including himself, have called for such a “temporary pause.”

Armstrong said in response, “There are no ‘experts’ to adjudicate this issue, and many disparate actors will never agree. Committees and bureaucracy won’t solve anything.”

He said that as with many technologies, there are “dangers” but “we should keep marching forward with progress because the good outweighs the bad.”

“Don’t ever let fear stop progress, and be wary of anyone trying to capture control in some central authority,” said Armstrong.

See Also: Elon Musk Is 'Sad' Because Microsoft's Bing Is Having A 'Cinderella Moment'

Why It Matters: Armstrong leads Coinbase, which allows users to buy, sell, and trade in decentralized cryptocurrencies such as Bitcoin BTC/USD

Musk has in the past stressed the need for regulation of AI. He said, “[all organizations] developing advanced AI should be regulated, including Tesla.”

His comments in 2020 were made in response to an MIT Technology Review article that called for more openness from ChatGPT parent OpenAI, which Musk co-founded.

The Tesla and SpaceX CEO also said that AI technology posed an “existential threat” in 2017.

Musk left OpenAI in 2018 over disagreements and has recently accused Microsoft of gaining “exclusive access” to the entire OpenAI codebase.

OpenAI announced GPT-4 this month — the latest milestone in the company’s efforts to scale up deep learning. The language model can pass a simulated legal exam but still struggles with certain tasks.

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Photo: TechCrunch on Wikimedia Commons


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