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Yellen Doubts Biden Administration Can Avoid Default Without Congress

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Biden administration investing $140M into AI research and development amid boom

The Biden administration announced Thursday it will invest $140 million into research and development of artificial intelligence (AI) amid the current boom of the new technology. Along with the funding, the Office of Management and Budget (OMB) will issue policy guidance on the use of AI by the federal government in the coming months, and companies that develop AI, such as Google, Microsoft, and OpenAI, have made commitments to participate in a public evaluation of AI systems. “This is a very powerful…

OpenAI, Microsoft, and Alphabet CEOs to discuss AI with Biden administration today

Bing | Maria Diaz/ZDNETSpurred by recent rapid artificial intelligence advancements, the US government is looking for ways to mitigate any potential security, social, and economic risks to the American society. With that goal in mind, Vice President Kamala Harris and other senior officials will meet today with the CEOs of major AI development companies, including OpenAI, creator of ChatGPT, Microsoft, Alphabet, and Anthropic AI. Also: Why open source is essential to allaying AI fears, according to Stability.ai…

Biden Administration will invest $140 million to launch seven new National AI Research Institutes

Ahead of a meeting between Vice President Kamala Harris and the heads of America's four leading AI tech companies — Alphabet, OpenAI, Anthropic and Microsoft — the Biden Administration announced Thursday a sweeping series of planned actions to help mitigate some of the risks that these emerging technologies pose to the American public. That includes $140 million to launch seven new AI R&D centers as part of the National Science Foundation, extracting commitments from leading AI companies to participate in a "public…

Biden Administration to Investigate Worker Surveillance Software

Is your employer monitoring your mouse clicks, keystrokes, or webcam? What about your location or pace of work? If so, the White House wants to hear from you—from the confines of your digitally enabled professional panopticon.Should Facial Recognition Technology be Banned? | Future TechOn this fine May Day (a.k.a. International Workers’ Day), the Biden Administration’s Office of Science and Technology Policy has released a public request for information (RFI) regarding worker surveillance and all the various ways…

How new administration can revamp Nigeria’s economy

Reader survey As a reader of PREMIUM TIMES, your opinion matters. Please take our survey to help us better understand the values and preferences of our readers. Your feedback will give us valuable insights into how we can tailor the different types of content we offer to meet your needs. The survey should only take about 6-8 minutes to complete. Click here to take it. An Abuja-based policy think tank, Agora Policy, said the incoming administration needs to undertake fast, coordinated macroeconomic policy

Biden administration seeks public input on regulating AI

The Biden administration is asking people to share their input on regulating AI and holding AI creators accountable. The National Telecommunications and Information Administration (NTIA) has launched a request for comment (RFC) that allows you to share your input with the government.Artificial intelligence is becoming a source of concern for governments globally. Goldman Sachs has recently reported that AI can endanger 300 million full-time jobs. Likewise, world tech leaders like Elon Musk warned that the AI race has…

The Morning After: Biden administration wants help making rules for AI models like ChatGPT

ChatGPT, Bard and Bing AI: You can’t escape the AI models and chatbot evolution and headlines. Now, the US government is trying to get a handle on things. The National Telecommunications and Information Administration (NTIA) is asking for public comments on possible regulations to hold AI creators accountable. The measures will ideally help the Biden administration ensure these models work as promised "without causing harm," the NTIA says. Hopefully, they’ll also speak to experts, too, and not just rely on the anonymous…

Biden administration wants your input on rules for AI models like ChatGPT

American officials are taking further steps to set rules for AI systems like ChatGPT. The National Telecommunications and Information Administration (NTIA) is asking for public comments on possible regulations that hold AI creators accountable. The measures will ideally help the Biden administration ensure that these models work as promised "without causing harm," the NTIA says. While the request is open-ended, the NTIA suggests input on areas like incentives for trustworthy AI, safety testing methods and the amount of…