US Government Moves to Regulate Development and Use of AI Models

“The US government is taking steps to regulate the development and use of AI models. President Biden signed an Executive Order outlining principles for AI safety, security, and accountability. The Order also covers data privacy, worker protection, and content authentication. Some praise the Order for its focus on ethical AI development, while others criticize its lack of specific regulations.

The Office of Management and Budget (OMB) also released a draft memorandum proposing ways to implement the Order. The memo suggests creating a new AI oversight board and requiring government agencies to assess the risks of AI systems before deploying them.

The government’s actions reflect growing concerns about the potential harms of AI, such as bias, discrimination, and privacy violations. It remains to be seen how effective these regulations will be in mitigating these risks.”