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  • 2 years ago
The Biden administration issued the first U.S. executive order concerning artificial intelligence. The order has far-reaching implications for tech giants like Microsoft, Google, Amazon, and more, as it subjects their AI systems to government oversight while steering the sector away from self-regulation. Veuer’s Maria Mercedes Galuppo has the story.

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00:00 The Biden administration issued the first U.S. executive order concerning artificial
00:05 intelligence.
00:06 Market Watch says the order has far-reaching implications for tech giants like Microsoft,
00:11 Google, Amazon and more, as it subjects their AI systems to government oversight while steering
00:17 the sector away from self-regulation.
00:20 Developers of the most powerful AI systems must share critical safety test results and
00:25 other essential information with the U.S. government.
00:28 The National Institute of Standards and Technology will create standards for AI testing.
00:34 Additionally, the government will establish guidance for labeling AI-generated content
00:39 and an AI-enabled cybersecurity program.
00:42 This marks a significant departure from previous voluntary commitments made by tech companies.
00:47 The Wall Street Journal cited government aides who said, "These new safety testing requirements
00:53 will likely apply to upcoming AI systems, not current versions."
00:57 The White House called it the most significant AI safety action, but full enforcement may
01:03 need congressional authority.
01:05 The administration urged Congress to pass AI-related data privacy legislation.
01:10 This executive order aligns with global AI regulation efforts.
01:14 The European Union is advancing its rules, while China has already implemented strict
01:19 controls on AI technology.
01:21 The state and commerce departments aim to create international frameworks for AI-safe
01:26 and beneficial use.
01:28 [MUSIC PLAYING]
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