By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > Biden moves to compel tech groups to share AI safety test results
News

Biden moves to compel tech groups to share AI safety test results

News Room
Last updated: 2023/10/30 at 5:33 AM
By News Room
Share
6 Min Read
SHARE

Stay informed with free updates

Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox.

Companies whose artificial intelligence models could threaten US national security will have to share how they are ensuring their tools’ safety under a sweeping order by Joe Biden intended to curb risks posed by the new technology.

The order, which the US president issued on Monday, is the broadest step taken by the administration so far in tackling AI threats, from national security to competition and consumer privacy. The measure seeks to mobilise agencies across Washington, including the departments of commerce, energy and homeland security.

“President Biden is rolling out the strongest set of actions any government in the world has ever taken on AI safety, security and trust,” said Bruce Reed, White House deputy chief of staff. “It’s the next step in an aggressive strategy to do everything on all fronts to harness the benefits of AI and mitigate the risks”.

The order comes as countries across the world grapple with how to regulate AI companies and models that are not naturally captured by individual watchdogs. Gary Gensler, chair of the US Securities and Exchange Commission, told the Financial Times recently that a financial crisis was “nearly unavoidable” within a decade if regulators failed to manage AI risks.

The measures come two days before vice-president Kamala Harris, the Biden administration’s AI tsar, is set to give a speech in London about US policy, before attending the UK’s Bletchley Park summit, where world leaders and tech company executives will discuss potential ground rules for the development of “frontier AI”.

The EU has moved rapidly, drafting tough measures over the use of the technology in a groundbreaking law that is set to be fully approved by the end of the year. But the US is still assessing which aspects of it require new regulation and what is subject to existing statutes.

Asked if the EU law had influenced Biden’s order, a senior administration official said: “I don’t think we’re in a race. I don’t think we’re playing catch-up.” The US had liaised with the EU and a “wide range” of the bloc’s member states about AI regulation, the official added.

Leading industry figures including OpenAI co-founder Sam Altman have toured the globe this year to discuss the potential impact of the tools they are developing. Altman and others have struck a conciliatory tone with regulators but resisted calls to stall or slow the development of increasingly powerful AI. 

In May, Altman said his company could “cease operating” in Europe if Brussels’ efforts to regulate the technology were overly stringent. He later walked back the comments. 

Biden’s order escalates US AI policy after 15 companies — including Amazon, Google, Meta, Microsoft, and OpenAI — made voluntary commitments earlier this year to manage the technology’s risks.

The White House will use the Defense Production Act, a cold war law used at the peak of the Covid-19 pandemic, to compel businesses developing AI models posing serious risks to national security, economic security, or public health to notify the government when training these systems and to share their safety test results. 

To date, companies vying for AI dominance have typically preferred to keep the designs of their models private.

“If organisations don’t adhere to that law, we could bring Department of Justice actions in appropriate manner to enforce that,” said the senior official. But he stressed that these requirements would “primarily” capture the next generation of the world’s most powerful AI tools and would not “catch any system currently on the market”. 

Under the order, the commerce department must craft guidance on adding watermarks to AI-generated content in a bid to tackle “fraud and deception”, including deepfakes.

The measures also seek to promote competition in the AI sector and encourage the Federal Trade Commission “to exercise its authorities” at a time when US antitrust regulators have warned against potential monopolies arising from the technology’s structural dependence on scale.

The order addresses privacy risks, urging Congress to pass data privacy legislation while seeking an assessment of how agencies collect and use “commercially available information”. It also calls for measures to curb harms caused by AI on workers and medical patients as well as to address “algorithmic discrimination” in housing, healthcare and justice. 

The extent to which the order will be implemented as intended remains unclear. While the White House can avail itself of certain laws to bring enforcement actions or direct departments to develop guidelines, it may only encourage other independent agencies, such as the FTC, to implement Biden’s plan.

The senior official said that while executive orders “have the force of law”, Biden has said “that we were going to need bipartisan legislation to do more in artificial intelligence”. Many of the president’s priorities “require legislative action to fully execute . . . We are not at all suggesting this is the end of the road on AI governance.”

Read the full article here

News Room October 30, 2023 October 30, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Tailwinds for US and global economic growth

Watch full video on YouTube

Why every brand now has a cafe

Watch full video on YouTube

NewtekOne, Inc. (NEWT) Q4 2025 Earnings Call Transcript

Operator Thank you for standing by, and welcome to NewtekOne, Inc.'s Fourth…

Tesla lurches into the Musk robotics era

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

Keir Starmer meets Xi Jinping in bid to revive strained UK-China ties

Stay informed with free updatesSimply sign up to the Chinese politics &…

- Advertisement -
Ad imageAd image

You Might Also Like

News

NewtekOne, Inc. (NEWT) Q4 2025 Earnings Call Transcript

By News Room
News

Tesla lurches into the Musk robotics era

By News Room
News

Keir Starmer meets Xi Jinping in bid to revive strained UK-China ties

By News Room
News

Canadian Pacific Kansas City Limited (CP:CA) Q4 2025 Earnings Call Transcript

By News Room
News

SpaceX weighs June IPO timed to planetary alignment and Elon Musk’s birthday

By News Room
News

Japan’s discount election: why ‘dirt cheap’ shoppers became the key voters

By News Room
News

Logitech International S.A. (LOGI) Q3 2026 Earnings Call Transcript

By News Room
News

US to invest $1.6bn into rare earths group in bid to shore up key minerals

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?