“AI is one of today’s most powerful technologies, with the potential to improve people’s lives and tackle some of society’s biggest challenges,” she said. “At the same time, AI has the potential to dramatically increase threats to safety and security, infringe civil rights and privacy, and erode public trust and faith in democracy.”
The White House convened the executives after Biden warned that companies have a responsibility to make sure artificial intelligence products are safe before they’re released. Biden dropped by the Roosevelt Room for part of the private meeting, the White House told reporters.
On Thursday morning, the administration also announced a new investment in “trustworthy” AI alongside voluntary commitments from major tech companies to participate in a public assessment of their AI systems at an upcoming cybersecurity conference. The Office of Management and Budget will also release draft guidance of ways federal agencies should use AI systems.
The meeting comes as Washington policymakers increasingly contend with the threats and risks posed by artificial intelligence, after the overnight success of ChatGPT ushered in a technological boom.
The Biden administration’s investment in responsible AI research and development is a $140 million grant, which will increase the number of national AI research institutes. These institutes are focused on advancing artificial intelligence research in areas ranging from public health to cybersecurity. The investment is just a fraction of the billions that private sector companies are pouring into advancing the technology. Microsoft previously invested $10 billion in OpenAI.
Policymakers are increasingly attempting to keep pace with a new AI arms race that has accelerated the deployment of AI systems at major tech companies. Federal Trade Commission Chair Lina M. Khan on Wednesday outlined ways the FTC could regulate AI in an op-ed. Last week, Senate Majority Leader Charles E. Schumer (D-N.Y.) met with Twitter owner and Tesla CEO Elon Musk to discuss his proposal for AI legislation, which has not yet been publicly released.
Meanwhile, the European Union is forging ahead with plans to regulate ChatGPT and other forms of generative AI. The senior administration official said the Biden administration is working with its European counterparts in developing such regulation.