United States President Joe Biden is scheduled to meet a group of renowned artificial intelligence (AI) experts on June 20th in San Francisco to discuss the future of AI. The conversation is set to revolve around the Biden administration’s commitment to seizing the opportunities and managing the risks that come with AI technology.
The attendee list features notable names in AI research, safety, and education, including Jim Steyer, founder of Common Sense Media; Tristan Harris, co-founder of the Center for Humane Technology; and Joy Buolamwini, founder of the Algorithmic Justice League. However, it should be noted that this meeting will not include CEOs from some of the largest global AI companies such as Google and Microsoft, who have participated in previous meetings with White House officials.
As AI technology continues to evolve, the need for legislation and guidelines becomes more apparent. Earlier, the U.S. Senate met with OpenAI CEO Sam Altman and other top AI representatives to discuss potential AI policy. Altman suggested that the U.S. government should create a federal regulatory body to provide oversight, licensing, and accountability for the growing AI sector. Interestingly, not all parties agree on how AI governance should be handled, leading to debates on the best approach moving forward.
The push for discussions and policy implementation comes at a time when the U.S. government has yet to establish a comprehensive strategy for AI development and production. Europe, China, and the United Kingdom have either passed or are currently considering legislation packages addressing AI sectors. The U.S. shows a similar lag in cryptocurrency regulation, often leading to uncertainty within the industry.
Many technological advancements are being driven by AI technologies that also underpin numerous cryptocurrency and blockchain industries. It has become increasingly difficult to differentiate and categorize the two sectors, creating concerns for policy and regulation. The upcoming meeting between President Biden and AI experts may bring more clarity to the administration’s intentions regarding the future of AI policy and its relation to other industries like blockchain and cryptocurrency.
While it remains to be seen whether these discussions will result in decisive action, it is clear that the administration is taking the urgency of the situation seriously. By engaging with experts in the field, the Biden administration appears eager to uncover new opportunities for AI technology while ensuring safety and risk mitigation. Now, it will be imperative for them to strike a balance between nurturing innovation and implementing proper regulations to keep AI industries evolving in a responsible manner.
Source: Cointelegraph
