The White House Reveals AI Executive Order on October 30th.

The Biden Administration is preparing to introduce a sweeping executive order on artificial intelligence, leveraging the purchasing power of the federal government to impose regulations on AI models used by government agencies. This initiative will also address immigration policies for skilled workers and mandate that federal agencies evaluate how AI can enhance their operations. In Europe, officials are crafting AI regulations, while the US Congress is beginning to develop comparable guidelines. The rapid progress in generative AI technology has sparked worries about misinformation, economic ramifications, and ethical implications across different sectors.