Tag: Joe Biden

Kamala Harris Will Lay Out AI Strategy in London Speech
1Nov By adminNo Comments
Technology

Kamala Harris Will Lay Out AI Strategy in London Speech

[ad_1] Vice President Kamala Harris, in a speech in London, will lay out the burgeoning risks related to artificial intelligence, calling for international cooperation and stricter standards to protect consumers from the technology.“As history has shown in the absence of regulation and strong government oversight, some technology companies choose to prioritize profit over the wellbeing of their customers; the security of our communities; and the stability of our democracies,” according to prepared remarks Harris is scheduled to give at the US Embassy in the UK capital on Wednesday. The speech is part of a broad effort by the White House to put restrictions on new artificial intelligence tools, which are rapidly coming to market often with little to no oversight from regulators. Harris i...
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US President Joe Biden issues extraordinary executive order on AI risk; 10 points to know
31Oct By adminNo Comments
Technology

US President Joe Biden issues extraordinary executive order on AI risk; 10 points to know

[ad_1] 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 ...
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Biden AI Order Empowers Agencies to Hit Wide-Ranging Risks
29Oct By adminNo Comments
Technology

Biden AI Order Empowers Agencies to Hit Wide-Ranging Risks

[ad_1] President Joe Biden will sign a wide-ranging, comprehensive executive order that governs federal agencies' use of artificial intelligence, according to a draft copy obtained by Bloomberg Government, marking his most significant step to date to address the emerging technology's risks.The 111-page draft copy, dated Oct. 23, leverages the government's position as a top customer for tech companies such as Microsoft Corp and Amazon.com Inc. to drive changes in their AI products, by requiring developers of powerful AI systems to report their training and testing processes to the federal government. We are now on WhatsApp. Click to join. The order, expected to be released Monday, comes as a mix of fear and excitement over AI's rapid advancement has catapulted the technology into the spo...
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5 things about AI you may have missed today: AI deepfakes, Google to invest $2 Bn in Anthropic, more
28Oct By adminNo Comments
Technology

5 things about AI you may have missed today: AI deepfakes, Google to invest $2 Bn in Anthropic, more

[ad_1] We have entered the weekend, and yet, artificial intelligence developments are happening at full throttle. In the first incident, a new report has found that due to the possibility of AI-based deepfakes, people online are questioning even genuine videos and photos that are coming from the ground zero in Gaza. In other news, Google has committed to invest $2 billion in the AI company Anthropic, solidifying its relationship with the startup. The move is seen as similar to Microsoft investing in OpenAI. This and more in today's AI roundup. Let us take a closer look.AI muddies Hamas-Israel conflictAI is making it harder for people to trust the images and videos they see online, reports The New York Times. A disturbing image of a charred body initially believed to be a deceased child,...
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Biden to require AI tools pass test before US officials buy them
28Oct By adminNo Comments
Technology

Biden to require AI tools pass test before US officials buy them

[ad_1] President Joe Biden will sign an executive order on Monday requiring AI tools complete security testing before federal agencies use them, according to a draft copy of the order obtained by Bloomberg Government, his most significant step to date to rein in the emerging technology.The draft copy, dated Oct. 23, leverages the government's position as a top customer for tech companies such as Microsoft Corp and Amazon.com Inc. to drive changes in their AI products. It directs the Department of Labor to write guidelines for federal contractors on preventing discrimination in hiring systems driven by AI, a concern for civil rights groups. US lawmakers have shown broad interest in placing limits on AI, but an overriding strategy has yet to emerge. Biden's directive sets initial guardrai...
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Meet The Indian-Americans Who Were Awarded US’ Highest Scientific Award
25Oct By adminNo Comments
Business

Meet The Indian-Americans Who Were Awarded US’ Highest Scientific Award

[ad_1] Joe Biden awarded National Medal to scientist Subra Suresh in the field of science and technology.Two Indian-American scientists were on Tuesday honoured with the National Medals in the fields of science and technology by US President Joe Biden. Dr Ashok Gadgil was conferred the National Medal for Technology and Innovation, while Dr Subra Suresh was awarded the National Medal of Science.These medalists have made discoveries that enable life-saving medical treatments, help fight the opioid epidemic, improve food security, advance accessibility, protect our democracy, and much more, said the White House in a statement. "Their accomplishments advance American leadership in science, technology, and innovation, and their work inspired the next generation of American minds," the stateme...
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Two Indian-American Scientists Honoured With US’ Highest Scientific Award
24Oct By adminNo Comments
Business

Two Indian-American Scientists Honoured With US’ Highest Scientific Award

[ad_1] Joe Biden awarded National Medal to scientist Subra Suresh in the field of science and technology.Washington:  Two Indian American scientists were awarded the National Medal of Technology and Innovation by US President Joe Biden at the White House on Tuesday.The two Indian-Americans -- Ashok Gadgil and Subra Suresh -- were awarded the National Medal of Technology and Innovation and the National Medal of Science, respectively.President Biden also honoured leading American scientists, technologists, and innovators at the award ceremony.The scientists, who were honoured at the event, made discoveries enabling lifesaving medical treatments, helping fight the opioid epidemic, improving food security, advancing accessibility, and much more."Today, President Biden is awarding the Nationa...
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5 things about AI you may have missed today: More leaders to skip UK AI Summit, Music publishers sue AI firm, more
21Oct By adminNo Comments
Technology

5 things about AI you may have missed today: More leaders to skip UK AI Summit, Music publishers sue AI firm, more

[ad_1] In what turned out to be another interesting day in the artificial intelligence universe, this emerging technology touched diverse areas from policy making to medtech. The UK's AI Summit might be in trouble. After German Chancellor Olaf Scholz, and Canadian Prime Minister Justin Trudeau, US President Joe Biden too may skip UK PM Rishi Sunak's AI meet. In other news, three music publishers have filed a lawsuit against Anthropic AI for using their copyrighted lyrics to train its Claude chatbot. This and more in today's AI roundup. Let us take a closer look.UK's AI Summit in troubleGerman Chancellor Olaf Scholz and Canadian Prime Minister Justin Trudeau, along with US President Joe Biden, are planning to skip the Bletchley Park gathering on November 1-2, Bloomberg reported as per an...
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The Amazon antitrust lawsuit is likely to be a long and arduous journey for the FTC
11Oct By adminNo Comments
Technology

The Amazon antitrust lawsuit is likely to be a long and arduous journey for the FTC

[ad_1] Amazon is heading into one of its biggest sales events of the year — Prime Day — with a lawsuit hanging over its head that accuses it of preventing sellers from hawking their merchandise at lower prices on other sites.The Federal Trade Commission's long-awaited antitrust case is the agency's most aggressive move yet to tame the market power of Amazon, a company that's become synonymous with online shopping and fast deliveries. Under chair Lina Khan, the agency hasn't been shy about taking big swings against some of America's biggest companies and testing the limits of competition law to reverse what many of her supporters see as decades of weak antitrust enforcement. But that approach has also led to some high-profile setbacks, most notably in the FTC's bid to block Microsoft's t...
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Wall Street’s Use of AI and Data Analytics Faces New SEC Rules
27Jul By adminNo Comments
Technology

Wall Street’s Use of AI and Data Analytics Faces New SEC Rules

[ad_1] Wall Street's main regulator is unveiling proposed restrictions for brokerages and money managers that use artificial intelligence to interact with clients.The US Securities and Exchange Commission approved a plan on Wednesday to root out what Chair Gary Gensler has said are conflicts of interest that can arise when financial firms adopt the technologies. The agency also adopted final rules requiring companies to disclose serious cybersecurity incidents within four business days after they're deemed significant. The AI proposal is the latest salvo from Washington regulators concerned about the technologies' power to influence everything from credit decisions to financial stability. Companies would need to assess whether their use of predictive data analytics or AI poses conflicts...
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