Biden administration weighs "nutritional labels" for AI tech products

The Biden administration is considering the introduction of "nutrition labels" for new tech products utilizing artificial intelligence (AI). These labels would provide standardized descriptions for AI systems, similar to food labeling by the Food and Drug Administration. The Department of Treasury and Department of Commerce have released reports examining the risks of AI and are exploring the possibility of implementing these labels. Challenges may arise due to differing opinions on defining AI. The Treasury Department plans to collaborate with various organizations to investigate AI's impact and address risk and fraud issues, with the aim of enhancing transparency and accountability in AI technology use. --- Send in a voice message: https://podcasters.spotify.com/pod/show/tonyphoang/message