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Biden signs executive order on AI safeguards

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Balancing the needs of tech companies and ensuring the protection of consumer rights, President Joe Biden signed an executive order on AI safeguards.

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Biden agrees that with the high potential and high risk posed by artificial intelligence, it is important to "govern this technology."

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The order uses the Defense Protection Act and aims to ensure that businesses profit from using AI without risking public safety.

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According to the order, the AI developers must share safety test results and any other information with the government.

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The National Institute of Standards and Technology will be creating standards that ensure the safety and security of AI tools before public release.

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The Commerce Department will issue guidelines on labeling and watermarking AI-generated content to differentiate AI-generated and human-generated content.

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This is an important step that addresses matters of privacy, intellectual property, research, consumer protection, and worker rights.

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The White House is clear that the order guidance has to be implemented fast - within the range of 90 to 365 days to keep up with the pace of AI.

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