Can AI Companies Really Be Trusted to Regulate Themselves?

Knowledge at Wharton

  • Aug 12, 2026
  • 11:31
  • Full Episode

ABOUT THE EPISODE

AI is advancing faster than governments can figure out how to govern it. So who should be responsible for managing the risks?

Kevin Werbach, Wharton Professor and Chair of the Department of Legal Studies and Business Ethics, joins us to explore AI governance, accountability, and regulation—and why the challenge isn't simply creating “ethical AI,” but making sure the people and organizations building it are accountable.

The conversation examines the risks of increasingly powerful AI, the difficulty of creating global rules, whether AI companies can effectively regulate themselves, and why governments may need a more constructive role in overseeing the technology.

As AI becomes more powerful, the question isn't just what can we build? It's who is accountable when something goes wrong?

ABOUT THE PODCAST This Week in Business features interviews with Wharton faculty about the latest news, fascinating trends, and issues impacting both consumers and the business world. Episodes are recorded at the Wharton School and published twice per week.

#AI #ArtificialIntelligence #AIGovernance #AIRegulation #AISafety #AI Ethics #TechPolicy #AIAccountability #AI Risk #FutureOfAI #OpenAI #SamAltman

----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.

Launched in 1999, Knowledge at Wharton offers free access to:

- Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends - Interviews with book authors from Wharton School Press - In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders - A searchable database of more than 10,000 articles covering all aspects of business - A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox

Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU

Brief Summary

Kevin Werbach discusses AI governance, ethical responsibilities, and the challenges of global regulation in AI development.

Key points

  • Ethics vs. Accountability in AI. The conversation shifts to the distinction between AI ethics and accountable AI practices.
  • The Role of Governance in AI. Kevin Werbach discusses the critical need for governance as AI technology evolves.
  • Real Risks of AI Development. A recent incident with Hugging Face highlights the real dangers of AI systems.

More from Knowledge at Wharton