President Biden to Address Risks of AI in San Francisco Summit with Experts

United States President Joe Biden is set to convene a meeting with a group of prominent AI experts in Silicon Valley on June 20. The meeting will take place during President Biden’s campaign fundraising activities in California and will focus on discussing the administration’s commitment to harnessing the potential of artificial intelligence while effectively managing its associated risks.

Among the experts attending the summit are individuals recognized for their contributions to AI safety and advocacy. The guest list includes Jim Steyer, the founder of Common Sense Media; Tristan Harris, co-founder of the Center for Humane Technology; Fei-Fei Li, co-director of Stanford’s Human-Centered AI Institute; Joy Buolamwini, founder of the Algorithmic Justice League; and Sal Khan, founder of the Khan Institute.

This gathering is significant due to the diverse expertise of its participants, who have made notable contributions to areas such as education, policy development, and ensuring the responsible use of AI. Previous meetings involving the White House have involved prominent CEOs from major global AI companies, including representatives from Google, Microsoft, and Anthropic.

President Biden’s discussion with the experts is scheduled for 4:00 pm Pacific Standard Time on June 20 and will be held at the Fairmont Hotel in San Francisco. The event will be live-streamed on the official White House YouTube channel, providing wider access to the dialogue.

The U.S. Senate recently held a hearing on AI policy, during which they heard testimony from industry leaders such as OpenAI CEO Sam Altman, IBM’s Chief Privacy and Trust Officer Christina Montgomery, and New York University’s Gary Marcus. Altman advocated for the establishment of a federal regulatory body to oversee and ensure accountability in the rapidly growing AI sector. While Marcus shared a similar perspective, IBM’s Montgomery expressed the company’s belief that Congress should adopt a more targeted approach to AI governance.

The discussions surrounding AI come at a crucial time when the U.S. government is still in the process of formulating a comprehensive strategy for regulating AI development and production. In contrast, other regions such as Europe, China, and the United Kingdom have either implemented or are actively considering comprehensive legislative packages to regulate the AI sector.

The interplay between AI and other industries, including cryptocurrencies, blockchain, and Web3, further underscores the importance of addressing AI governance effectively. As AI becomes increasingly intertwined with these sectors, a comprehensive and well-informed approach to regulation becomes paramount.

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