- Capitol Hill is not known for being tech-savvy, but during a recent Senate hearing on AI regulation, legislators showed surprising knowledge and understanding of the topic.
- Senator Richard Blumenthal asked about setting safety breaks on AutoGPT, an AI agent that can carry out complex tasks, to ensure its responsible use.
- Senator Josh Hawley raised concerns about the working conditions of Kenyan workers involved in building safety filters for OpenAI's models.
- The hearing featured testimonies from Dario Amodei, CEO of Anthropic, Stuart Russell, a computer science professor, and Yoshua Bengio, a professor at Université de Montréal.
- This indicates a growing awareness and interest among lawmakers in understanding and regulating AI technology.
### Summary
President Joe Biden consults with Arati Prabhakar, his science adviser, on matters related to artificial intelligence (AI). Prabhakar is working with major tech companies like Amazon, Google, Microsoft, and Meta to shape the U.S. approach to safeguarding AI technology.
### Facts
- 🤖 Prabhakar has had several discussions with President Biden on artificial intelligence.
- 📚 Making AI models explainable is a priority for Senate Majority Leader Chuck Schumer, but it is technically challenging.
- 💡 Prabhakar believes that despite the opacity of deep-learning AI systems, we can learn enough about their safety and effectiveness to leverage their value.
- ⚠️ Concerns include chatbots being coerced into providing instructions for building weapons, biases in AI systems trained on human data, wrongful arrests from facial recognition systems, and privacy issues.
- 💼 Seven companies, including Google, Microsoft, and OpenAI, voluntarily committed to AI safety standards, but more companies need to step up, and government action is necessary.
- ⏰ Timeline for future actions is fast, according to Prabhakar, as President Biden has made it clear that AI is an urgent issue.
The U.S. is falling behind in regulating artificial intelligence (AI), while Europe has passed the world's first comprehensive AI law; President Joe Biden recently met with industry leaders to discuss the need for AI regulation and companies pledged to develop safeguards for AI-generated content and prioritize user privacy.
By 2030, the top three AI stocks are predicted to be Apple, Microsoft, and Alphabet, with Apple expected to maintain its position as the largest company based on market cap and its investment in AI, Microsoft benefiting from its collaboration with OpenAI and various AI fronts, and Alphabet capitalizing on AI's potential to boost its Google Cloud business and leverage quantum computing expertise.
Senate Majority Leader Charles E. Schumer plans to convene top tech executives, including Elon Musk, Mark Zuckerberg, and Sam Altman, for an AI policy forum in September as Congress works on legislation to address the risks of artificial intelligence.
X Corp. Chairman Elon Musk and Meta Platforms CEO Mark Zuckerberg have been invited to brief U.S. senators on artificial intelligence at a future forum organized by Senate Majority Leader Chuck Schumer, alongside other speakers including OpenAI CEO Sam Altman and Google CEO Sundar Pichai.
Senate Majority Leader Chuck Schumer's upcoming AI summit in Washington D.C. will include key figures from Hollywood and Silicon Valley, indicating the growing threat that AI poses to the entertainment industry and the ongoing strikes in Hollywood. The event aims to establish a framework for regulating AI, but forming legislation will take time and involve multiple forums.
Several tech giants in the US, including Alphabet, Microsoft, Meta Platforms, and Amazon, have pledged to collaborate with the Biden administration to address the risks associated with artificial intelligence, focusing on safety, security, and trust in AI development.
A survey of 213 computer science professors suggests that a new federal agency should be created in the United States to govern artificial intelligence (AI), while the majority of respondents believe that AI will be capable of performing less than 20% of tasks currently done by humans.
AI is being discussed by CEOs behind closed doors as a solution to various challenges, including cybersecurity, shopping efficiency, and video conferencing.
Two senators, Richard Blumenthal and Josh Hawley, have released a bipartisan framework for AI legislation that includes requiring AI companies to apply for licensing and clarifying that a tech liability shield would not protect these companies from lawsuits.
Tech industry lobbyists are turning their attention to state capitals in order to influence AI legislation and prevent the imposition of stricter rules across the nation, as states often act faster than Congress when it comes to tech issues; consumer advocates are concerned about the industry's dominance in shaping AI policy discussions.
Congress is holding its first-ever meeting on artificial intelligence, with prominent tech leaders like Elon Musk, Mark Zuckerberg, and Bill Gates attending to discuss regulation of the fast-moving technology and its potential risks and benefits.
Eight technology companies, including Salesforce and Nvidia, have joined the White House's voluntary artificial intelligence pledge, which aims to mitigate the risks of AI and includes commitments to develop technology for identifying AI-generated images and sharing safety data with the government and academia.
Eight big tech companies, including Adobe, IBM, Salesforce, and Nvidia, have pledged to conduct more testing and research on the risks of artificial intelligence (AI) in a meeting with White House officials, signaling a "bridge" to future government action on the issue. These voluntary commitments come amidst congressional scrutiny and ongoing efforts by the White House to develop policies for AI.
Tech CEOs Elon Musk and Mark Zuckerberg will be participating in Sen. Majority Leader Chuck Schumer's first AI Insight Forum, where lawmakers will have the opportunity to hear from them about artificial intelligence.
Tech industry leaders, including Elon Musk, Mark Zuckerberg, and Sundar Pichai, are set to meet with lawmakers in Washington to discuss artificial intelligence and its implications, aiming to shape regulations and influence the direction of AI development.
California Senator Scott Wiener is introducing a bill to regulate artificial intelligence (AI) in the state, aiming to establish transparency requirements, legal liability, and security measures for advanced AI systems. The bill also proposes setting up a state research cloud called "CalCompute" to support AI development outside of big industry.
Tesla CEO Elon Musk suggests the need for government regulation of artificial intelligence, even proposing the creation of a Department of AI, during a gathering of tech CEOs in Washington. Senate Majority Leader Chuck Schumer and other attendees also expressed the view that government should play a role in regulating AI. The options for regulation range from a standalone department to leveraging existing agencies, but the debate is expected to continue in the coming months.
Tech leaders, including Elon Musk, held closed-door meetings with congressional lawmakers on the benefits and risks of artificial intelligence.
Tech industry leaders gather for AI talks.
Recent Capitol Hill activity, including proposed legislation and AI hearings, provides corporate leaders with greater clarity on the federal regulation of artificial intelligence, offering insight into potential licensing requirements, oversight, accountability, transparency, and consumer protections.
The AI industry should learn from the regulatory challenges faced by the crypto industry and take a proactive approach in building relationships with lawmakers, highlighting the benefits of AI technology, and winning public support through campaigns in key congressional districts and states.
Tech leaders gathered in Washington, DC, to discuss AI regulation and endorsed the need for laws governing generative AI technology, although there was little consensus on the specifics of those regulations.
A closed-door meeting between US senators and tech industry leaders on AI regulation has sparked debate over the role of corporate leaders in policymaking.
A bipartisan group of senators is expected to introduce legislation to create a government agency to regulate AI and require AI models to obtain a license before deployment, a move that some leading technology companies have supported; however, critics argue that licensing regimes and a new AI regulator could hinder innovation and concentrate power among existing players, similar to the undesirable economic consequences seen in Europe.
The Subcommittee on Cybersecurity, Information Technology, and Government Innovation discussed the federal government's use of artificial intelligence (AI) and emphasized the need for responsible governance, oversight, and accountability to mitigate risks and protect civil liberties and privacy rights.
Tech leaders, including Elon Musk, joined senators to discuss AI regulation, with Musk suggesting that Twitter users may have to pay a monthly fee to combat bots on the platform.
The U.S. government must establish regulations and enforce standards to ensure the safety and security of artificial intelligence (AI) development, including requiring developers to demonstrate the safety of their systems before deployment, according to Anthony Aguirre, the executive director and secretary of the board at the Future of Life Institute.
Amazon has invested $4 billion in the AI startup Anthropic, OpenAI is seeking a valuation of $80-90 billion, and Apple has been acquiring various AI companies, indicating their increasing involvement in the AI space. Additionally, Meta (formerly Facebook) is emphasizing AI over virtual reality, and the United Nations is considering AI regulation.
Large companies are expected to pursue strategic mergers and acquisitions in the field of artificial intelligence (AI) to enhance their capabilities, with potential deals including Microsoft acquiring Hugging Face, Meta acquiring Character.ai, Snowflake acquiring Pinecone, Nvidia acquiring CoreWeave, Intel acquiring Modular, Adobe acquiring Runway, Amazon acquiring Anthropic, Eli Lilly acquiring Inceptive, Salesforce acquiring Gong, and Apple acquiring Inflection AI.
AI leaders including Alphabet CEO Sundar Pichai, Microsoft president Brad Smith, and OpenAI's Sam Altman are supporting AI regulation to ensure investment security, unified rules, and a role in shaping legislation, as regulations also benefit consumers by ensuring safety, cracking down on scams and discrimination, and eliminating bias.
Major AI companies, such as OpenAI and Meta, are developing AI constitutions to establish values and principles that their models can adhere to in order to prevent potential abuses and ensure transparency. These constitutions aim to align AI software to positive traits and allow for accountability and intervention if the models do not follow the established principles.
Artificial intelligence (AI) has the potential to disrupt industries and requires the attention of boards of directors to consider the strategic implications, risks, compliance, and governance issues associated with its use.
Artificial intelligence (AI) will surpass human intelligence and could manipulate people, according to AI pioneer Geoffrey Hinton, who quit his role at Google to raise awareness about the risks of AI and advocate for regulations. Hinton also expressed concerns about AI's impact on the labor market and its potential militaristic uses, and called for governments to commit to not building battlefield robots. Global efforts are underway to regulate AI, with the U.K. hosting a global AI summit and the U.S. crafting an AI Bill of Rights.
President Biden's executive order on artificial intelligence is expected to use the federal government's purchasing power to influence American AI standards, tighten industry guidelines, require cloud computing companies to monitor users developing powerful AI systems, and boost AI talent recruitment and domestic training.
