AI: A New Frontier with Amplified Risks
This article provides an overview of several benefits and risks of AI, discusses how nations are beginning to regulate it, and recommends practical steps businesses can take now to successfully ride this next wave of technological progress which will likely dominate the next decade and beyond.
Executive Order (EO) on Artificial Intelligence (AI)
On 30 October 2023, President Biden issued an Executive Order (EO) on the “Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence” (AI). The EO highlights the US government’s sense of urgency to establish common guardrails and rules for developing AI technology safely, given the general lack of competence, collaboration, and effectiveness in the US Congress.