CFO Dive October 31, 2023
Alexei Alexis

The effort highlights growing concerns in Washington over the risks posed by artificial intelligence as companies rush to adopt it.

Dive Brief:

  • The Labor Department is tasked with leading the development of artificial intelligence guidelines for employers under a sweeping executive order signed by President Joe Biden on Monday.

  • The order directs the department, in consultation with other federal agencies, to craft a set of standards to guide companies in mitigating the risks of AI adoption in the workplace, including displacement of jobs and increased collection of employee data. The standards must be published within six months.

  • “AI must be developed and assessed within clearly articulated frameworks that put human values — not corporate...

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Topics: AI (Artificial Intelligence), Congress / White House, Employer, Govt Agencies, Technology
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