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- Biden Executes AI Order
Hello readers,
Welcome to another edition of This Week in the Future! Increasing calls for AI regulation and safety measures were heard this week with an AI executive order signed by President Biden as well as the AI Safety Summit hosted by the UK seeking international cooperation in establishing the safe development of AI.
As always, thanks for being a subscriber! We hope you enjoy this week’s content — no video breakdown this week as our ML engineer is traveling.
Let’s get into it!
Biden Executes AI Order
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President Biden issued an executive order on AI to promote its “safe, secure, and trustworthy development and use.” The order is a noteworthy step towards ensuring accountability in AI development and deployment across various sectors.
The order consists of 8 key principles covering:
Why This Matters
This is considered to be the most proactive step in AI regulation yet and will have considerable implications for AI companies and users. For instance, the order requires certain AI companies to share safety test results. This sweeping executive order also comes with the arrival of a new government website, AI.gov, as well as a number of initiatives including:
Biden tasking Pentagon to carry out AI pilot for cyber defense
Pentagon redefining its AI and data strategy
NIST announcing AI consortium to shape US policies
The US launching its own AI safety institute
Our Take
An obstacle to enterprise AI adoption has been the uncertainty regarding AI regulatory frameworks. There have been plenty of promises and pledges, but nothing concrete. This executive order is likely the first in a series of substantial guidelines that give companies more clarity on where the boundaries are.
The AI Safety Summit
The UK’s AI Safety Summit took place on November 1 and 2 at Bletchley Park, Buckinghamshire, serving as an international forum for dialogues on AI safety and regulation. The EU and 28 countries (including China) signed the Bletchley Declaration, committing to the safe and responsible development of AI. This agreement includes sharing research about AI risk.
The Drama
Not everyone’s happy about the Summit. Meta Chief AI Scientist Yann LeCun and AI pioneer and educator Andrew Ng have criticized the “misguided” emphasis on existential AI risk, worrying that it will lead to regulatory capture and the stifling of innovation and open source projects. Additionally, Elon Musk ruffled some feathers in his conversation with UK Prime Minister Rishi Sunak by claiming that AI will end the need for all jobs.
Our Take
For businesses to thrive with AI, they need to be allowed to innovate. Open source can enable this and empower companies of all sizes to benefit from AI. At the same time, regulation is needed for many companies to feel comfortable implementing AI in the first place. A balanced and informed conversation will be needed going forward.
🔥 Rapid Fire
Snowflake puts AI in hands of all users with Cortex
Dell and Meta partner to bring AI to enterprises on-premises
IBM releases next-gen storage scale system for data and AI
Microsoft and Siemens partner for industrial AI copilot
New AWS service lets customers rent NVIDIA GPUs
Cohere introduces new embedding model Embed v3
Google launches generative AI tools for product imagery
DeepMind releases the next generation of AlphaFold
IDC study reports 250% return on AI investments
SAP empowers developers with new generative AI tools
Brave Browser releases Leo AI assistant
ChatGPT can now analyze PDFs and other major updates
LinkedIn activates AI-powered reading and writing tools
Elon Musk’s xAI set to release first model
NVIDIA paper shows how AI can design semiconductors
🎙️ The AI For All Podcast
This week’s episode featured Rob Knight, Founder and Robot Hardware Director at The Robot Studio, who discussed the current state of the robotics industry and the incredible promise that robots hold in the home and in society.
📖 What We’re Reading
This week’s handpicked content includes an article by Omilia, a conversational AI company, on voice biometric security in the age of AI. Plus, EY has published their CEO Outlook Pulse, providing insight into how CEOs globally are responding to AI.
The Time is Now to Protect Voice Biometric Authentication (link)
“Over the last year, access to artificial intelligence (AI) has increased substantially, putting world-altering technologies in the palm of more people’s hands. Between the widespread adoption and nearly 92 percent of leading businesses investing in AI, it has never been more important for high-quality voice recognition technology to keep personal information secure.”
The CEO Outlook Pulse (link)
“CEOs globally recognize the potential of artificial intelligence (AI), but most are encountering significant challenges in formulating and operationalizing related strategies. While over two-thirds see the need to act quickly on GenAI, a similar proportion also report being stymied by uncertainty in this space, making it challenging to respond at speed.”