ChatGPT-parent, OpenAI seeks to revolutionize artificial intelligence governance by embracing a collaborative decision-making process akin to Wikipedia.

What Happened: During the AI Forward event in San Francisco, OpenAI's president, Greg Brockman, shared the company's new approach to AI governance - one of which appears to be drawing inspiration from the collaborative nature of Wikipedia, reported Reuters.

"We're not just sitting in Silicon Valley thinking we can write these rules for everyone," he said of AI policy. "We're starting to think about democratic decision-making."

Separately, in a blog post shared on Monday, which was attributed to Brockman, Ilya Sutskevar and OpenAI CEO Sam Altman, the company that almost single-handedly started an AI race highlighted the importance of not imposing rules unilaterally and the significance of global coordination among governments to ensure the safe development of AI technologies.

Why It's Important: For the unversed, last week, Altman testified before Congress as lawmakers are considering regulating the groundbreaking technology.

"I'm more optimistic, my worst fear is that we cause significant harm to the world," Altman said. "It's a big reason why, if this technology goes wrong - it can go quite wrong - and we want to be vocal about that and work with the government to prevent that from happening."

Altman is also visiting European policymakers this week, the report noted.

Previously, Elon Musk, who co-founded OpenAI in 2015 and left in 2018, has vocally advocated for governments to interfere and build solid AI regulations. The tech billionaire also said that the only time he met former U.S. President Barack Obama, he didn't talk about Tesla Inc. (TSLA  ) or SpaceX by AI regulations.

Musk is also among the 1000+ signatories, including Apple (AAPL  ) co-founder Steve Wozniak who signed an "open letter" calling for a pause on training systems exceeding OpenAI's GPT-4.