US President Signs Executive Order To Regulate AI
US President Joe Biden signed an order to regulate generative AI and protect the public. The Biden administration seeks to increase safety around artificial intelligence (AI) and protect consumers and workers from AI- related risks.
The order sets eight objectives for AI development – Safety, Security, Privacy, fairness, consumer protection, worker support, innovation and responsible government use.
These initiatives will be implemented in stages over the next year. Minor safety improvements will be put in place in the next 90 days, while comprehensive reporting mandates may take up to a year.
An ‘AI Council’ led by White House Deputy Chief of Staff Bruce Reed will oversee the initiatives.
(With inputs from Shikha Singh)
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