The United States and the European Union are working together on a research project to accelerate AI development and determine the necessary regulations. As the tech industry rushes to adopt generative AI tools, policymakers are attempting to prepare their governments for the latest emerging technology. By conducting a collaborative AI research study, the governments hope to develop similar strategies for regulating and promoting AI innovations. The research focuses on five areas: extreme weather and climate forecasting, emergency response management, improvements in health and medicine, electric grid optimization, and agricultural optimization. The United States Department of Energy, the Department of Agriculture, the Pentagon, the National Oceanic and Atmospheric Administration, and several health and science agencies, as well as European counterparts, are among those taking part.

The research will take 60 days, during which time the relevant agencies will compile guidance on how AI can be applied ethically in various areas. The White House is keeping a close eye on the use of trendy generative AI tools like ChatGPT because there are potential benefits such as using them to write more secure code and make sense of data and insights. Policymakers, on the other hand, are concerned about potential vulnerabilities that could be exploited. Following the deadline, the White House and the European Commission will assess the research and decide on the next steps. This initiative is significant for innovation and regulation, as it could lead to similar approaches in regulating and fostering AI innovation in the future.

Source: Axios (link)
Images: MidJourney, Prompts by Lewis Farrell

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