President Joe Biden has announced a comprehensive executive order on artificial intelligence (AI) aimed at ensuring its responsible use and preventing misuse for harmful purposes like creating weapons or cyberattacks.
This move underscores the federal government's involvement in the booming AI industry, with key players like Google and Amazon. The order emphasizes safety tests for conversational bots like ChatGPT and introduces standards such as AI product watermarks.
It requires AI companies to share safety test results with the government. Bruce Reed, the White House deputy chief of staff, labels these reforms as unparalleled in AI safety and trust worldwide.
We covered this yesterday on Market Mondays, watch the replay on our YouTube channel. What are your thoughts?