Sam Altman, the CEO of OpenAI, made an important proposal during his testimony before Congress yesterday. He suggested the implementation of licenses for companies that develop powerful AI technologies, including OpenAI's chatbot. Altman believes that regulating AI is crucial for the safety of society. He recommended imposing licensing or registration requirements on AI systems with specific capabilities. These requirements would ensure that AI systems undergo testing before their release, and the results would be made public. The main objective is to address concerns about the potential misuse and societal harms caused by AI. While some experts argue that licenses may hinder innovation and become outdated due to the rapid evolution of AI, they could also provide focused oversight and protection against abuses. OpenAI, with the support of Microsoft, emphasized the importance of global cooperation on AI and the need for incentives to ensure compliance with safety standards. This hearing is a significant step in the United States' journey towards AI oversight, highlighting the potential positive and negative consequences of this transformative technology.