- AI regulation and oversight in Illinois and New York
- The New York City council proposes specific bills aimed at regulating AI companies such as Anthropic and OpenAI.
NYC City Council Questions OpenAI and Anthropic on AI Safety Risks
What happened
On October 5, 2026, the New York City city council held a public hearing to question tech executives about the dangers of artificial intelligence. Council Speaker Julie Menin pressed executives from OpenAI and Anthropic to quantify the risk in a worst-case scenario. Morgan Dwyer, head of policy development and operations at OpenAI, stated that he did not know or think the risk mattered. A former researcher at Anthropic and OpenAI warned that unchecked AI could pose an extinction-level threat to humanity.
From nypost.com
Why it matters
The city council is weighing the imposition of its own restrictions on the AI industry. This legislative activity signals a move toward practical regulatory investigation regarding AI risks. The scrutiny could increase compliance costs and operational risk for major technology companies operating in New York.
The New York City council is currently proposing specific bills aimed at regulating AI companies, alongside legislative activity comparing laws regarding AI safety mandates in Illinois and New York.
From nypost.com
Who's involved
- OpenAIAttended the public hearing and provided testimony on AI risk.
- AnthropicAttended the public hearing and was questioned regarding AI risks.
- city councilConducted the public hearing and questioned tech executives about AI dangers.
- MetaAttended the public hearing alongside other tech giants.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- OpenAISpeculative
OpenAI could face increased operational costs due to potential future regulatory requirements from the city council.
- AnthropicSpeculative
Anthropic could face increased operational costs due to potential future regulatory requirements from the city council.
- MetaSpeculative
Meta might face increased compliance costs and operational risk due to increased scrutiny from the city council.
Keep exploring
The entities involved
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OpenAI
American artificial intelligence research organization
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Anthropic
American artificial intelligence corporation
Related events
- Both Anthropic and OpenAI are currently facing major AI safety risks.
- Anthropic's IPO highlights the intense competition within the AI market.
- Anthropic and Oxfam collaborated on an AI risk register on October 30, 2026.
- Investor fears regarding AI market disruption and exposure to OpenAI technology and its risks.
- AI companies continue to advance despite public concerns, while political discussions remain focused in Washington.