Key Insights:
- Generative AI raises concerns about privacy violations and misinformation.
- Leading AI CEOs meet with the White House to discuss safety measures and the administration invests in AI research.
- Biden administration takes steps to address bias in AI use and receives support from government agencies.
CEOs of leading artificial intelligence companies such as Google and Microsoft are set to meet with the White House on Thursday to discuss AI's risks and safety measures amid growing concerns from governments and lawmakers worldwide.
The popularity of generative AI has led to many companies racing to launch similar products to revolutionize work. However, Reuters reports that the increasing use of such tools has also led to concerns about privacy violations, skewed employment decisions, and power scams and misinformation campaigns.
A senior administration official told Reuters that they aim to have a “frank discussion” about the risks they see in current and near-term AI development.
Business leaders, including Sundar Pichai from Google, Satya Nadella from Microsoft, Sam Altman from OpenAI, and Dario Amodei from Anthropic, will be attending the meeting.
Vice President Kamala Harris will also be present, alongside Jeff Zients, Biden's Chief of Staff, Jake Sullivan, National Security Adviser, Lael Brainard, Director of the National Economic Council, and Gina Raimondo, Secretary of Commerce.
The Biden administration is investing $140 million in seven new AI research institutes and plans to release policy guidance on the use of AI by the federal government. The administration will also work closely with the US-EU Trade & Technology Council on the issue.
In February, Biden signed an executive order directing federal agencies to eliminate bias in using AI. The Federal Trade Commission and the Department of Justice's Civil Rights Division also pledged to use their legal authorities to fight AI-related harm.
