How Biden's executive order will impact the future of AI

Kara Frederick, tech director at the Heritage Foundation, discusses the need for regulations on artificial intelligence as lawmakers and tech titans discuss the potential risks. Artificial intelligence (AI) is a powerful technology that can bring many benefits to society but also poses many challenges and risks. To ensure that the United States leads the way in seizing the opportunity and managing the risks of AI, President Biden issued a landmark executive order on October 30, 2023. The Biden administration is using the Defense Production Act, a 75-year-old law that gives the White House wide authority to regulate industries related to national security, to compel companies to tell the federal government about potential national security risks related to their AI work. This is the first executive order from the federal government that directly regulates AI, and it follows the voluntary commitments of 15 major AI companies, such as Google, Microsoft and OpenAI.