Google, Microsoft and several AI labs, including OpenAI, are making voluntary commitments to place limits on AI technology.
Executives from seven leading AI companies will meet at the White House on Friday to pledge increase security testing of their systems and develop ways for the public to easily identify AI-generated content in an agreement secured by the Biden administration. The voluntary commitments come as policymakers are engaging with AI companies over how to encourage responsible growth of the emerging technology.
"Since taking office, President Biden, Vice President Harris, and the entire Biden-Harris administration have moved with urgency to seize the tremendous promise and manage the risk posed by artificial intelligence and to protect the American people," a White House official said.
BUSINESS LOOK TO SELF-REGULATE THE USE OF AI IN HIRING
Amazon, Anthropic, Inflection and Meta are the other companies participating in the White House event. Each of these companies has committed to:
LT. GEN KEITH KELLOGG ON AI IN THE MILITARY: NEVER LET THE MAHCINES TAKE OVER
Mitigating the risks of AI technology has been a top concern for industry leaders and policymakers since OpenAI released its revolutionary ChatGPT system in November 2022. The chatbot replies to text inputs and can simulate conversations on various topics, create lyrics or tell stories in response to prompts, asssist with outline, suggest edits to computer code and more. Other versions of so-called generative AI can produce complex and photo-realistic images or convincingly replicate people's voices.
Companies and investors are spending billions of dollars to push the technology further, with some experts saying the changes AI will bring to society will be as transformative as the Industrial Revolution.
YOUTUBER RUINS JOHNNY CASH WITH AI COVER OF ‘BARBIE GIRL’ IN MUST-HEAR-TO-BELIEVE CLIP
However, with great promise comes great risk, as leaders in the industry have cautioned. In an open letter in May, industry leaders, scientists and professors wrote that "mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics and nuclear war."
This agreement, secured by President Biden, is part of a larger effort to ensure AI technology continues to grow but with appropriate safeguards to prevent abuse. Congressional lawmakers have also held several meetings with industry experts in recent months to consider regulations that may be necessary to protect consumers.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
Those attending the White House meeting on Friday are Amazon Web Services CEO Adam Selipsky, Anthropic CEO Dario Amodei, Google head of global affairs Kent Walker, Inflection CEO Mustafa Suleyman, Meta head of global affairs Nick Clegg, Microsoft President Brad Smith and OpenAI President Greg Brockman.
