Biden Administration Secures AI Safety Pledges From 7 Tech Giants In Effort To Regulate The Technology
Portfolio Pulse from Piero Cingari
Seven tech giants including Alphabet Inc., Amazon Inc., Microsoft Corp., and Meta Platforms Inc. have pledged to adhere to voluntary guidelines to mitigate risks associated with artificial intelligence (AI). This move is part of the Biden administration's efforts to regulate AI technology. The companies will implement safety measures, share information on managing AI risks, and develop mechanisms to inform users when content is AI-generated. They will also publicly report their AI systems’ capabilities and limitations. The Biden-Harris administration is also developing an executive order and pursuing bipartisan legislation to further regulate AI technology.

July 21, 2023 | 3:31 pm
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NEUTRAL IMPACT
Amazon Inc. has pledged to adhere to AI safety guidelines. This could potentially impact the company's operations and product development.
The news is relevant as it directly involves Amazon Inc. and its commitment to AI safety guidelines. However, the impact on the stock price is uncertain as it depends on how these guidelines will affect the company's operations and product development.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEUTRAL IMPACT
Alphabet Inc. has pledged to adhere to AI safety guidelines. This could potentially impact the company's operations and product development.
The news is relevant as it directly involves Alphabet Inc. and its commitment to AI safety guidelines. However, the impact on the stock price is uncertain as it depends on how these guidelines will affect the company's operations and product development.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEUTRAL IMPACT
Alphabet Inc. has pledged to adhere to AI safety guidelines. This could potentially impact the company's operations and product development.
The news is relevant as it directly involves Alphabet Inc. and its commitment to AI safety guidelines. However, the impact on the stock price is uncertain as it depends on how these guidelines will affect the company's operations and product development.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEUTRAL IMPACT
Meta Platforms Inc. has pledged to adhere to AI safety guidelines. This could potentially impact the company's operations and product development.
The news is relevant as it directly involves Meta Platforms Inc. and its commitment to AI safety guidelines. However, the impact on the stock price is uncertain as it depends on how these guidelines will affect the company's operations and product development.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEUTRAL IMPACT
Microsoft Corp. has pledged to adhere to AI safety guidelines. This could potentially impact the company's operations and product development.
The news is relevant as it directly involves Microsoft Corp. and its commitment to AI safety guidelines. However, the impact on the stock price is uncertain as it depends on how these guidelines will affect the company's operations and product development.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75