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White House AI Pact Calls for Safety Controls, Independent Audits and Board Oversight at Frontier Model Firms

Source
JH Kim

Summary

  • The White House said it had drawn up an agreement to strengthen safety management at companies developing frontier artificial intelligence (AI) models.
  • The AI pact is centered on requiring companies developing frontier AI models to establish internal safety management systems.
  • The agreement includes internal safety controls, independent audits and a board oversight role.

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The White House has drawn up an agreement aimed at strengthening safety management at companies developing frontier artificial intelligence models. The pact includes corporate commitments on internal safety controls, independent audits and board-level oversight.

Cointelegraph, a cryptocurrency-focused media outlet, reported on October 30 that the AI pact is centered on requiring companies developing frontier AI models to establish internal safety management systems.

The agreement also includes measures to review those efforts through independent audits, in addition to internal corporate safety controls.

It further calls for boards of directors to take on an oversight role in AI safety management.

Photo: Shutterstock
Photo: Shutterstock
#Crypto Regulation
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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