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AI: The Next Transformation

Policy Backgrounders

CED’s Policy Backgrounders provide timely insights on prominent business and economic policy issues facing the nation.

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Initiatives for Federal AI Framework

May 04, 2023

Two significant developments on artificial intelligence (AI) have recently been announced by the Biden Administration. On May 4, the White House announced a new initiative to promote responsible AI innovation in an effort to protect the rights and safety of users. The initiative directly follows the Commerce Department’s April 11, 2023 request which opened a 60-day comment period inviting suggestions for specific policy recommendations that would support the safe, transparent development of “trustworthy” AI for use by businesses and consumers.

  • The White House initiative includes funding for seven new AI research centers and promises a proposal from OMB on policy guidance for federal use of AI systems.
  • The Commerce Department is separately requesting comment on methods for regulatory assessment of AI models and sector-specific approaches.
  • Federal officials are seeking participation of the private sector, including leading AI firms, to help develop supervisory frameworks around AI development and usage.
  • While the federal government’s efforts to develop policies that support the responsible development of AI are welcomed and commendable, the challenge is a significant one given the pace of technological advances, the many unknowns by creators themselves on how generative AI algorithms work, and the rapid release and uptake by the public of these technologies before guardrails have been placed around them.

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Authors

Dr. Lori Esposito Murray

Dr. Lori Esposito Murray

Senior Fellow for National Security & Managing Director of CEO Programs

Read BioDr. Lori Esposito Murray

Mitchell Barnes

Mitchell Barnes

Economist

Read BioMitchell Barnes

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