Yesterday, the Biden administration revealed its latest plans to promote responsible AI innovation, as it begins to address the potential risks posed by artificial intelligence. The administration collaborated with influential business leaders, including Sam Altman, Dario Amodei, Satya Nadella, and Sundar Pichai, for the announcement.
In addition to the plans, the White House also proposed a $140 million budget for the National Science Foundation to create seven new AI research institutes. This will allow the sites to conduct investigations into safe and proper AI use. Furthermore, the Office of Management and Budget (OMB) will also present policy guidance that will outline how the U.S. government should incorporate AI into its practice.
The new announcement comes on the back of public figures, such as Elon Musk, signing an open letter that called for an AI development pause in October, to be better prepared for the risks that come with AI technology. Also, there have been discussions on the proposed AI Bill of Rights, which aims to protect Americans from the risks of today and tomorrow.
Vishal Sikka, the CEO and founder of Vianai Systems, claimed the Biden administration’s new steps indicate a needed “transformative shift” in the usage of AI. He believed that the responsibility that came with the technology was paramount, while George Davis, the founder, and CEO of Frame AI, highlighted the regulation that should come with public benefit. In particular, he remarked that the focus should be on enabling innovation and competition to prevent monopolistic behavior.
The administration’s aim is to improve intelligence use, which is why they are focusing on public safety and human rights. With the new plans, they hope to reduce the risks of AI while still taking advantage of its potential.
