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Four AI Companies Testified Under Oath in New York. Asked If They Carry Insurance Against a Catastrophe, Nobody Raised a Hand. Musk's Company Didn't Show Up at All

Four AI Companies Testified Under Oath in New York. Asked If They Carry Insurance Against a Catastrophe, Nobody Raised a Hand. Musk's Company Didn't Show Up at All

Season 2026 Episode 207 Published 1 day, 7 hours ago
Description

On Monday, October 5, all 51 members of the New York City Council put policy chiefs from OpenAI, Anthropic, Google and Meta under oath, in what Speaker Julie Menin calls the first time any legislative body has compelled frontier AI labs to answer for the technology's risks. None could quantify the odds of a catastrophe, none said they carried insurance against one, none could say who would be responsible, and none would commit to stopping a model that failed a test. Elon Musk's SpaceXAI ignored a subpoena. The council is weighing 10 bills, including mandatory third-party validation and a human kill switch for any AI sold in the city at $25,000 per violation, and a whistleblower bounty, less than a week after the White House handed the same companies a voluntary self-policing accord.

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