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President Biden signs executive order to regulate AI, focusing on preventing misuse. Government addresses algorithmic bias in lending practices. Meta launches ad-free subscription for EU users. Indoor golfing and changing dining habits trend during pandemic. State laws require disclosure of paranormal activity when selling a house.
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- President Biden signs executive order to establish guidelines and safeguards for AI, signaling the US government's commitment to responsible development.
- McDonald's reports increased revenue despite price hikes, attracting customers who trade down from pricier restaurants.
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Biden signs executive order to establish guardrails on AI
President Biden has signed a sweeping executive order focused on AI, calling it the most consequential technology of our time. The order directs government agencies to create guidelines, reports, and conduct research on AI. While the order's scope is limited and many of the demands made on companies are voluntary, it sends a signal that the US government is taking AI seriously and wants to establish rules around it to avoid potential risks and encourage responsible development.
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Listen to the best highlights from the podcasts you love and dive into the full episode