Biden Administration Secures A Voluntary Commitment From AI Firms – A Step Forward or Empty Rhyme?
Biden’s administration announced a voluntary agreement on Friday with seven of the world’s leading AI companies. These include Amazon, Google and Microsoft. The move was ostensibly intended to manage the risks posed in AI and protect Americans’ rights and security. It has prompted a number of questions.
The voluntary nature of the commitments seems promising at first glance. The regulation of the technology industry is a contentious issue, as companies are wary about stifling their growth and governments want to avoid mistakes. The administration can avoid the pitfalls that come with imposing command and control regulations by avoiding the direct imposition.
It’s not a hollow gesture, but it is a good start. The document emphasizes important AI principles such as safety, trust, and security. It also reinforces that companies are responsible for any potential societal impacts of their technologies. The administration’s emphasis on a collaborative approach involving a wide range of stakeholders hints at an exciting direction for future AI governance. We should not, however, forget about the danger of a government that becomes too cozy with industry.
Let’s not confuse this announcement with a major shift in AI regulations. This is a small step in the direction of responsible AI. The government and the companies have merely issued a press statement.
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Source:
https://www.forbes.com/sites/jamesbroughel/2023/07/22/the-biden-administration-secures-voluntary-commitments-from-leading-ai-firms-a-step-forward-or-empty-rhetoric/?sh=59fd58801f90
