A New Era of AI: How President Biden’s Executive Order Will Transform the Industry

On October 30th, 2023, President Biden took a major step forward with an Executive Order that aims to harness the full potential of artificial intelligence (AI), while addressing the significant risks it poses.

Before we go through my highlights of the 36-page executive order, in less than 5 minutes, allow me to introduce myself to give context to the show. My name is Mitch Jackson, and I’m a trial lawyer and private mediator with over 30 years of experience. I was fortunate enough to be named by my peers as the 2009 Orange County Trial Lawyer of the Year and also the 2013 California Litigation Lawyer of the Year. In each podcast episode, I help you navigate the new and sometimes confusing dynamic digital landscape found at the intersection of law, business, and technology. OK, now that you have a bit of context about the topic of this podcast and the person behind it, let’s dive into the 8 major topic areas the executive order covers.

New Standards for AI Safety & Security
As AI continues to evolve, its implications on our safety and security cannot be ignored. The Executive Order mandates that developers of powerful AI systems share safety test results with the U.S. government, ensuring that AI systems are secure and trustworthy prior to public release. Are you confident in the safety of AI systems you interact with daily?

Protecting Americans’ Privacy
AI makes it easier to extract and exploit personal data, heightening the risks to our privacy. To counter this, the President calls for bipartisan data privacy legislation, aiming to protect Americans, especially children.

Advancing Equity & Civil Rights
Irresponsible AI use can perpetuate discrimination and bias. The Executive Order outlines clear guidance to prevent AI algorithms from exacerbating discrimination in various sectors including housing, healthcare, and justice.

Supporting Consumers, Patients, and Students
AI has the potential to revolutionize healthcare, education, and consumer goods. The Executive Order aims to harness AI’s benefits while mitigating the risks it poses to Americans. By the way, how do you think AI can improve your experience as a consumer, patient, or student? Let me know in the comments.

Empowering Workers
The integration of AI in the workplace presents both opportunities and challenges. The Executive Order addresses issues such as workplace surveillance, bias, and job displacement, while also investing in workforce training. Do you think AI will improve the future of work in your industry?

Fueling Innovation & Competition
America is a global leader in AI innovation. The Executive Order aims to maintain this leadership by catalyzing AI research, providing resources to small developers, and expanding visa criteria for highly skilled immigrants.

Leading on the Global Stage
AI’s challenges are not confined by borders. The Executive Order outlines actions to collaborate with other nations and establish international frameworks for safe and responsible AI use.

Modernizing Government Use of AI
The Executive Order also aims to modernize federal AI infrastructure, ensuring responsible government deployment of AI that prioritizes rights and safety.

In conclusion, President Biden’s Executive Order is a pivotal step in America’s approach to AI, setting the stage for responsible innovation that benefits us all. The real question is, are we ready to embrace the opportunities and tackle the challenges that AI presents?

The Web3, AI and Metaverse Legal and Business Podcast

Episode page: https://mitchjackson.com/podcast

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