US President Joe Biden issues extraordinary executive order on AI risk; 10 points to know
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US President Joe Biden took the first significant steps towards regulating artificial intelligence (AI), which has become a global discussion point at this stage. He has signed an unprecedented executive order that seeks to govern the way AI is being used by corporates. As per a report, this executive order seeks to balance the needs of tech companies with national security and consumer rights, creating an early set of guardrails that could be fortified by legislation and global agreements. Check the 10 important points from this order.Biden signs executive order on AI risksThe following rules have been implemented: 1. Developers of the most powerful AI systems must share their safety test results and other critical information with the U.S. government. 2. The National Institute ...