PYMNTS.com October 25, 2023

The Biden administration is reportedly set to introduce an executive order on artificial intelligence (AI) that will regulate the rapidly evolving technology.

The order is expected to be released Monday (Oct. 30), two days before an international summit on AI, the Washington Post reported Wednesday (Oct. 25), citing unnamed sources.

This move marks the U.S. government’s most ambitious attempt to date to address the concerns and potential risks associated with AI, according to the report.

The forthcoming executive order will require advanced AI models to undergo assessments before being used by federal workers, the report said. By doing so, it will leverage the U.S. government’s position as a major technology customer to mitigate potential risks associated with the use of...

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