In this article: Supreme Court Decision Impacting AI Regulation: Case: Loper Bright Enterprises vs. Raimondo Decision: Overruled the 1984 precedent set by Chevron v. Natural Resources Defense Council. Chevron Doctrine: Previously required courts to defer to agency interpretation. Implications for AI Regulation: Reduced Agency Power: Regulatory agencies now have less authority to interpret and enforce […]
News
In this article: The White House’s voluntary AI commitments have brought better red-teaming practices and watermarks, but no meaningful transparency or accountability. Commitment Date: July 21, 2023 Companies Involved: Amazon Anthropic Google Inflection Meta Microsoft OpenAI Commitment with the White House: Agreed to eight voluntary commitments for safe and trustworthy AI development. Key Commitments: Improve […]
In this article: ChatGPT maker OpenAI is in discussion with chip designers, including Broadcom (AVGO.O), about developing a new artificial intelligence chip, the Information reported on Thursday, citing people familiar with the matter. https://www.reuters.com/technology/artificial-intelligence/openai-holds-talks-with-broadcom-about-developing-new-ai-chip-information-2024-07-18/
In this article: California legislator Scott Wiener on why the home of the AI industry is the right place to regulate it. Bill Name: Safe and Secure Innovation for Frontier Artificial Intelligence Models (SB 1047) Key Requirements: Safety Testing: Companies training frontier AI models costing over $100 million must conduct safety testing. Shut-Off Mechanism: Companies […]
In this article: Kamala Harris: Roots: Born in Oakland, California. Connection to Tech Industry: Long-standing relationship with Silicon Valley. Career Path: Former San Francisco District Attorney. Former California Attorney General. Elected to the Senate in 2016. Significance: Potential Democratic presidential nominee with strong Bay Area ties. What Kamala Harris has said about AI, tech […]
In this article: Coalition Name: Coalition for Responsible Evolution of AI (CoRE-AI) Objective: Focus on responsible development and deployment of AI technology. Stakeholders: Over 30 key stakeholders including: Big Tech Players: Google, Microsoft, Amazon Web Services (AWS). IT Giants: Infosys. Academic Institutions: Ashoka University, IIM Bangalore. AI Startups: BharatGPT-creator CoRover.ai, AI music startup Beatoven.ai. Host […]
In this article: Singapore’s digital development minister Josephine Teo said the future looks “messy” without an internationally agreed upon framework for artificial intelligence (AI) governance. Singapore minister says future without international AI framework ‘messy’ | Reuters
In this article: A company’s chief ethics officer ensures AI is used responsibly. They define principles for regulating the tech, learn the legal landscape, and liaise with stakeholders. https://www.businessinsider.in/artificial-intelligence/news/the-hottest-new-job-in-ai-chief-ethics-officer/articleshow/111904087.cms
In this article: China’s Approach: Mandates pre-test for generative AI and large language models. Ensures AI meets governmental standards before public release. Should the US use this approach? Is China doing the right thing? Should America do the same? Or is China doing something that seemingly befits China, but perhaps is akin to a square […]
In this article: Leadership Role: The committee sees itself as a future leader on GenAI issues, especially those related to financial stability, bias, and explainability. Focus: Focuses on housing and financial markets issues related to GenAI applications by government agencies and market participants overseen by those agencies. Hesitation and Adoption: Many firms have been hesitant […]
