President Biden Signs Executive Order to Regulate Artificial Intelligence Technology

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President Biden Signs Executive Order to Regulate Artificial Intelligence Technology
President BidenExecutive OrderArtificial Intelligence
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President Biden has signed a new executive order to regulate artificial intelligence technology and establish nationwide standards. The order focuses on AI safety and security, privacy rights, and supporting workers impacted by AI-driven automation.

President Biden has signed a new executive order to regulate artificial intelligence technology and establish nationwide standards . The wide-ranging order lays out principles and policies to guide the responsible development and adoption of AI systems. Key highlights of the executive order include new standards for AI safety and security, safeguarding the privacy rights of Americans, and supporting workers negatively impacted by AI-driven automation.

Arati Prabhakar, Director of the White House Office of Science and Technology Policy, tells Yahoo Finance that the new AI executive order has a broad scope because the"technology and its implications and its applications are broad." However, Prabhakar emphasized that safety is one of the administration's biggest concerns.

"We're trying to do this work to achieve the great aspirations that we have as a country and as a world, but sometimes we get a little enraptured of the technology." Prabhakar tells Yahoo Finance, adding,"what has to come along with the technology is really thoughtful ways to make sure that we're using it in safe really responsible ways, that really reflect our values as a country.

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