Biden White House, tech companies launch new safeguards around emerging AI technology

President Joe Biden speaks about artificial intelligence in the Roosevelt Room of the White House, July 2, 2023.

Reminding that he and Vice President Kamala Harris met with the leaders two months ago, Biden said "most of them are here again to underscore the responsibility and making sure that products that they are producing are safe and -- and making them public what they are and what they aren't." The steps are being taken voluntarily by the companies, and described by the White House as ""pushing the envelope on what companies are doing and raising the standards for safety, security and trust of AI."

"These commitments, these commitments are a promising step, but that we have a lot more work to do together. Realizing the promise of AI, by managing the risk is gonna require some new laws, regulations, and oversight. In the weeks ahead, I'm gonna continue to take executive action to help America lead the way toward responsible innovation. And we're going to work with both parties to develop appropriate legislation and regulation," Biden said.

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