• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechAI

Microsoft, Google, and OpenAI just became charter members of what may be the first true A.I. lobby. Up next: Lawmakers write the rules

Paolo Confino
By
Paolo Confino
Paolo Confino
Reporter
Down Arrow Button Icon
Paolo Confino
By
Paolo Confino
Paolo Confino
Reporter
Down Arrow Button Icon
July 26, 2023, 3:43 PM ET
CEO and founder of OpenAI Sam Altman.
OpenAI CEO Sam Altman at an event announcing ChatGPT's integration with Microsoft's Bing search engine in February. Jason Redmond

Microsoft, Alphabet, OpenAI, and Anthropic—four of the most important A.I. developers in the world—announced Wednesday they would form a trade organization, called the Frontier Model Forum, in an effort to craft new regulations and policies for the emerging technology. 

Recommended Video

This isn’t the first time A.I. developers have agreed to some form of self-regulation. OpenAI founder and CEO Sam Altman invited “regulatory interventions” by governments when he testified before Congress in May, and earlier this month, the White House announced a voluntary agreement on A.I. guardrails with the four companies above, plus Meta, Amazon, and the startup Inflection. 

As developers of the technology, these companies are well positioned to lend their technical expertise in a still poorly understood field. However, as is often the case when rival companies form a trade association, questions are inevitably raised about the possibility they might exert undue influence in crafting any future policies. Anytime an organization attempts to influence policymaking it can be considered lobbying, says Mark Fagan, a lecturer at Harvard’s Kennedy School of Public Policy and the author of Lobbying: Business, Law and Public Policy, Why and How 12,000 People Spend $3+ Billion Impacting Our Government. 

“I start from the premise that everyone who walks into a policymaker’s office is not an altruist,” Fagan says. “They are there because they are putting forward a position for their supporters. In the case of a corporation, we call those supporters shareholders.”

Because the underlying technology in A.I. is so new that policymakers will have no choice but to rely on the tech industry’s expertise when crafting eventual laws, Fagan told Fortune that he believes lawmakers will view the Frontier Model Forum “cautiously, but also take advantage of it.”

“There’s a difference between looking from the outside and being on the inside and knowing exactly how that algorithm was built, what the training data was, and what emerged out of it,” Fagan says. “There’s an information asymmetry that exists, and it’s always going to exist. Regulators will always be behind.”

However, regulators are not entirely powerless. It may seem banal to say, but they make the laws and therefore wield a decision-making power that the Googles and Microsofts of the world could never have, according to Fagan. 

“You have this interesting tension, where each of the parties has a different asset they are using to help the outcome,” Fagan says. “The asset of the corporation is detailed knowledge and information and money they can use for research. The regulator’s asset, at the end of the day, is that they put a rule in place.” 

This ultimately creates a much more symbiotic relationship than either policymakers or companies would like to admit when it comes to regulating brand-new technologies. Fagan said he believes the onus is on policymakers to ensure that input doesn’t result in lax policies virtually co-written by the industry players who stand to gain from them.

“Where is the burden to ensure that undue influence is not exerted?” Fagan says. “I don’t believe it sits with the organization, whether it’s a nonprofit or a corporation; it is the burden of the policymaker.”

The Frontier Model Forum says it will establish an advisory board over the coming months. The founding members will also establish a charter and a governance framework, and consider additional members. 

When reached for comment, OpenAI, Google, and Microsoft referred Fortune to the press release announcement. Anthropic did not respond. 

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
Paolo Confino
By Paolo ConfinoReporter

Paolo Confino is a former reporter on Fortune’s global news desk where he covers each day’s most important stories.

See full bioRight Arrow Button Icon

Latest in Tech

Brad Lightcap, chief operating officer of OpenAI, on stage
AIBrainstorm AI
OpenAI COO Brad Lightcap says code red will ‘force’ the company to focus, as the ChatGPT maker ramps up enterprise push
By Beatrice NolanDecember 9, 2025
7 minutes ago
An Optimus robot serving in a restaurant
InnovationElon Musk
Tesla promotes Optimus as its next big breakthrough, but one robot’s collapse has sparked doubts about their current level of autonomy
By Marco Quiroz-GutierrezDecember 9, 2025
2 hours ago
AITech
‘But is that real work? It’s not’ Business leaders still don’t trust AI agents, Harvard survey shows
By Patrick Kulp and Tech BrewDecember 9, 2025
3 hours ago
Sam Altman (left) with Jimmy Fallon
Successthe future of work
Even the man behind ChatGPT, OpenAI CEO Sam Altman, is worried about the ‘rate of change that’s happening in the world right now’ thanks to AI
By Preston ForeDecember 9, 2025
3 hours ago
A close-up of a woman using Google Glass
InnovationGoogle
Google says its first Gemini-powered smart glasses are coming next year. Here’s what they can do
By Dave SmithDecember 9, 2025
3 hours ago
Gen Z engineering apprentice
SuccessGen Z
With millions of Gen Z unemployed globally, the UK is tossing $965 million at the problem to get young people in AI, hospitality, and engineering jobs
By Emma BurleighDecember 9, 2025
3 hours ago

Most Popular

placeholder alt text
Real Estate
The 'Great Housing Reset' is coming: Income growth will outpace home-price growth in 2026, Redfin forecasts
By Nino PaoliDecember 6, 2025
3 days ago
placeholder alt text
Investing
Baby boomers have now 'gobbled up' nearly one-third of America's wealth share, and they're leaving Gen Z and millennials behind
By Sasha RogelbergDecember 8, 2025
1 day ago
placeholder alt text
Success
When David Ellison was 13, his billionaire father Larry bought him a plane. He competed in air shows before leaving it to become a Hollywood executive
By Dave SmithDecember 9, 2025
8 hours ago
placeholder alt text
Success
Craigslist founder signs the Giving Pledge, and his fortune will go to military families, fighting cyberattacks—and a pigeon rescue
By Sydney LakeDecember 8, 2025
1 day ago
placeholder alt text
Uncategorized
Transforming customer support through intelligent AI operations
By Lauren ChomiukNovember 26, 2025
13 days ago
placeholder alt text
Success
‘Godfather of AI’ says Bill Gates and Elon Musk are right about the future of work—but he predicts mass unemployment is on its way
By Preston ForeDecember 4, 2025
5 days ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.