Forbes January 24, 2025
Boards may need to accelerate their oversight controls for corporate artificial intelligence initiatives following a new executive order issued by President Trump on January 20, 2025.
The Trump executive order revoked President Biden’s previous executive order of October 30, 2023 on the “Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence” (“Biden executive order”). The Biden executive order established basic parameters for federal regulation and oversight of AI.
As more fully described in an accompanying Fact Sheet, the Biden executive order was designed to meet two goals: First, to establish new standards for AI safety and security intended to protect the public from potential harm. Second, to enhance the promise of AI and catalyze AI research to advance American...
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