Tech Giants at White House to Discuss AI Risks and Regulations

AI risks

This article was last updated on May 5, 2023

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CEOs of Tech Giants Meet Officials

The CEOs of OpenAI, Google’s parent company Alphabet, Anthropic and Microsoft are at the White House today for a meeting about their responsibility in the development of AI (artificial intelligence). The foursome talked to Vice President Harris along with other top officials.

Responsible and Ethical Innovation in AI

The White House let know that the meeting is intended to discuss responsible and ethical innovation in the field of artificial intelligence and related themes. A number of actions related to this theme are also announced.

  • USD 140 million is being invested in the construction of seven AI research centers.
  • Large AI companies will open their models for a public inquiry during the annual hackers conference Defcon in August.
  • Regulations are being worked on to ensure that the development of artificial intelligence proceeds in a safe manner.

EU Regulations on AI

The European Union has been working on legislation related to AI for some time. In April 2021, the European Commission introduced the so-called AI Act. Certain requirements are set for AI systems that are said to contain a high risk.

A European Parliament committee will vote on the matter next Thursday, following which negotiations will start between the Parliament and EU member states under the leadership of the European Commission.

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