The Biden administration has announced the formation of the U.S. AI Safety Institute Consortium (AISIC). Commerce Secretary Gina Raimondo revealed the consortium’s inception, with over 200 entities, including major AI industry players like OpenAI, Google, Anthropic, and Microsoft, stepping forward to join the initiative, reported Reuters.
“The U.S. government has a significant role to play in setting the standards and developing the tools we need to mitigate the risks and harness the immense potential of artificial intelligence,” stated Raimondo in a press release.
The consortium, a part of the U.S. AI Safety Institute (USAISI), boasts a diverse membership, encompassing tech giants such as Facebook’s Meta Platforms, Apple, Amazon.com, Nvidia, Palantir, Intel, as well as financial institutions like JPMorgan Chase and Bank of America. Additionally, companies including BP, Cisco Systems, IBM, Hewlett Packard, Northrop Grumman, Mastercard, Qualcomm, and Visa have also pledged their support. The collaboration extends to major academic institutions and government agencies.
Read more: Biden Calls For Antitrust Push To Rein In Tech Giants
USAISI’s primary objective is to address the priority actions outlined in President Biden’s October AI executive order. This includes the development of guidelines for red-teaming, capability evaluations, risk management, safety and security protocols, and watermarking synthetic content.
Red-teaming, a concept rooted in cybersecurity practices, involves simulating adversarial scenarios to identify vulnerabilities and enhance defense strategies. The term originates from Cold War-era simulations where the opposing force was designated the “red team.”
Crucially, major AI companies committed last year to watermark AI-generated content as part of efforts to enhance technology safety. This move aligns with the broader objectives of the consortium in bolstering transparency and accountability in the AI landscape.
The formation of AISIC marks a pivotal step forward in fostering collaboration between industry leaders, government bodies, and academia to navigate the ethical and technical challenges associated with AI advancement.
Source: Reuters
Featured News
Big Tech Braces for Potential Changes Under a Second Trump Presidency
Nov 6, 2024 by
CPI
Trump’s Potential Shift in US Antitrust Policy Raises Questions for Big Tech and Mergers
Nov 6, 2024 by
CPI
EU Set to Fine Apple in First Major Enforcement of Digital Markets Act
Nov 5, 2024 by
CPI
Six Indicted in Federal Bid-Rigging Schemes Involving Government IT Contracts
Nov 5, 2024 by
CPI
Ireland Secures First €3 Billion Apple Tax Payment, Boosting Exchequer Funds
Nov 5, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Remedies Revisited
Oct 30, 2024 by
CPI
Fixing the Fix: Updating Policy on Merger Remedies
Oct 30, 2024 by
CPI
Methodology Matters: The 2017 FTC Remedies Study
Oct 30, 2024 by
CPI
U.S. v. AT&T: Five Lessons for Vertical Merger Enforcement
Oct 30, 2024 by
CPI
The Search for Antitrust Remedies in Tech Leads Beyond Antitrust
Oct 30, 2024 by
CPI