Biden’s AI Executive Order Sparks Collaborative Urgency, Senate Majority Leader Schumer Stresses Legislative Action Needed

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Biden’s AI Executive Order Sparks Collaborative Urgency, Senate Majority Leader Schumer Stresses Legislative Action Needed

The Biden administration’s forthcoming executive order on artificial intelligence (AI) has provoked a sense of collaborative urgency among officials from both the Senate and the White House. The order, expected to be released on Monday, aims to leverage the US government’s role as a major technology customer by requiring advanced AI models to undergo assessments before federal workers can use them. Additionally, the order seeks to ease barriers to immigration for highly skilled workers.

However, Senate Majority Leader Charles E. Schumer and Biden’s top science adviser have stressed that legislative action is necessary in addition to the executive order. Schumer emphasized the importance of passing legislation to address concerns about AI, particularly in relation to safeguarding elections from disinformation and deepfake technology. He also highlighted the need for significant federal investment in AI development.

Schumer’s efforts to advance AI legislation include holding private forums and collaborating with the White House. He believes there is potential for bipartisan support, especially from conservative Republicans concerned about national security and China’s AI advancements. However, it remains uncertain where newly elected House Speaker Mike Johnson stands on AI issues.

While the executive order represents a comprehensive effort to address the potential and risks of AI tools, both Schumer and Biden’s science adviser agree that more will be needed. Legislation is seen as the key to effectively regulate and advance AI technology. The aim is to strike a balance between innovation and consumer protection, ensuring that AI outputs are explainable and accessible to average users.

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In related news, FTX crypto exchange executive Sam Bankman-Fried’s trial on criminal fraud charges continues. Bankman-Fried’s testimony during the trial has drawn attention due to his unconventional style of answering questions, which led the judge to express frustration. The allegations against Bankman-Fried include defrauding FTX customers and investors by diverting funds into risky investments.

Furthermore, the US Treasury Department is set to issue a warning to cryptocurrency firms about the potential misuse of their platforms for terrorism financing. Following scrutiny over how Hamas financed its recent attack on Israel using crypto funds, the Treasury Department aims to address concerns about digital funds supporting terrorist groups. Deputy Treasury Secretary Wally Adeyemo will emphasize the tracking of cryptocurrency firms’ roles in facilitating such activities.

President Biden’s science adviser also expressed support for Britain’s decision to invite China to an upcoming AI summit. Amid concerns about China’s AI development and global standards, the summit aims to facilitate dialogue with various stakeholders, including China. The participation of industry leaders, policymakers, and civil society representatives is crucial in shaping regulations and standards for AI technology.

Lastly, Malaysia has warned TikTok and Meta (formerly Facebook) regarding the alleged blocking of pro-Palestinian content on their platforms. This comes amidst international calls for closer scrutiny of digital platforms and their role in disseminating information related to conflicts. Malaysian authorities are particularly concerned about the impact on freedom of expression and the ability to share diverse perspectives.

Frequently Asked Questions (FAQs) Related to the Above News

What is the purpose of Biden's forthcoming executive order on artificial intelligence (AI)?

The executive order aims to require assessments for advanced AI models used by federal workers and to ease barriers to immigration for highly skilled workers.

Why do Senate Majority Leader Schumer and Biden's top science adviser stress the need for legislative action?

They believe that legislation is necessary to address concerns about AI, such as safeguarding elections from disinformation and deepfake technology, and to ensure significant federal investment in AI development.

What steps is Schumer taking to advance AI legislation?

Schumer is holding private forums and collaborating with the White House, aiming for bipartisan support, particularly from conservative Republicans concerned about national security and China's AI advancements.

What is the role of legislation in regulating and advancing AI technology?

Legislation is seen as essential for striking a balance between innovation and consumer protection, ensuring explainability and accessibility of AI outputs for average users.

What is the ongoing trial involving FTX crypto exchange executive Sam Bankman-Fried?

Bankman-Fried is facing criminal fraud charges and is accused of allegedly defrauding FTX customers and investors by diverting funds into risky investments.

Why is the US Treasury Department issuing a warning to cryptocurrency firms?

The Treasury department aims to address concerns about the potential misuse of cryptocurrency platforms for terrorism financing, particularly following scrutiny over how Hamas financed its recent attack on Israel using crypto funds.

What is the purpose of President Biden's science adviser expressing support for inviting China to an upcoming AI summit?

The summit aims to facilitate dialogue with various stakeholders, including China, to shape regulations and standards for AI technology and address concerns about China's AI development and global standards.

Why has Malaysia warned TikTok and Meta (formerly Facebook)?

Malaysian authorities are concerned about the alleged blocking of pro-Palestinian content on these platforms and the potential impact on freedom of expression and the ability to share diverse perspectives.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

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