• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • 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

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
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
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

placeholder alt text
North America
Gates Foundation plans to give away $9 billion in 2026 to prepare for the 2045 closure while slashing hundreds of jobs
By Sydney LakeJanuary 23, 2026
2 days ago
placeholder alt text
Europe
Denmark offered to trade Greenland to the U.S. in 1910—and America thought it was crazy
By Steven Lamy and The ConversationJanuary 22, 2026
4 days ago
placeholder alt text
Success
Apple cofounder Ronald Wayne sold his 10% stake for $800 in 1976—today it’d be worth up to $400 billion
By Preston ForeJanuary 23, 2026
2 days ago
placeholder alt text
Personal Finance
Sweden abolished its wealth tax 20 years ago. Then it became a 'paradise for the super-rich'
By Miranda Sheild Johansson and The ConversationJanuary 22, 2026
3 days ago
placeholder alt text
C-Suite
Jamie Dimon’s reality check for ambitious workers: ‘There’s going to be a grunt part to every part of a job. Get over it’
By Jake AngeloJanuary 23, 2026
2 days ago
placeholder alt text
Success
Nvidia CEO Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction are about to be unlocked because someone needs to build all these new AI centers
By Preston ForeJanuary 21, 2026
5 days ago

© 2026 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.


Latest in Tech

AIRecruiting
Silicon Valley talent keeps getting recycled, so this CEO uses a ‘moneyball’ approach for uncovering hidden AI geniuses in the new era
By Sydney LakeJanuary 25, 2026
13 hours ago
AIthe future of work
Meet a 70-year-old Home Depot store associate who uses AI on his phone about once an hour: ‘I think my job would suffer if I couldn’t’
By Matt O'Brien, Linley Sanders and The Associated PressJanuary 25, 2026
13 hours ago
lakehouse
AIConsulting
Inside KPMG’s Orlando Lakehouse: the $450 million Covid boondoggle that’s becoming a secret weapon for the AI revolution
By Nick LichtenbergJanuary 25, 2026
16 hours ago
Virta Health CEO Sami Inkinen
SuccessPersonal Finance
The CEO of a $2 billion healthcare firm only felt rich after he paid off $100K in student loans—but that joy ‘disappeared’ in less than 3 days
By Emma BurleighJanuary 25, 2026
20 hours ago
Jake Miller, CEO of Fellow.
SuccessEntrepreneurs
This millennial founder got rejected 73 times before building a 9-figure coffee company. One more no, ‘I would have figured out how to sell a kidney’
By Preston ForeJanuary 24, 2026
2 days ago
Meta CEO Mark Zuckerberg in Menlo Park, California on Sept. 17, 2025. (Photo: David Paul Morris/Bloomberg/Getty Images)
AIData centers
Why Meta is positioning itself as an AI infrastructure giant—and doubling down on a costly new path
By Sharon GoldmanJanuary 24, 2026
2 days ago