How’s AI self-regulation going?

On July 21, President Biden announced his withdrawal from the US presidential race against Donald Trump, marking a significant political shift. A year prior, Biden had secured voluntary AI regulations from seven tech executives, aimed at ensuring safety in AI development. While progress has been made, including new safety commitments and an executive order, experts caution against relying solely on nonbinding commitments, as they can easily be ignored. With the upcoming election, the future of US AI policy remains uncertain, especially if Trump reinstates his own AI regulations, which may favor less oversight. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: MIT Technology Review