Microsoft President Brad Smith delivered a speech in Washington, advocating for the regulation of artificial intelligence (AI) and urging the US government to impose restrictions on its use. He presented a five-point plan to address risks while advocating for an inclusive and progressive vision for the technology. Smith announced Microsoft’s support of the creation of a new government regulator to oversee licensing, testing, safety standards, and disclosure rules. Smith also called on President Biden to sign an executive order requiring federal agencies to implement a risk management framework for AI procurement. Microsoft intends to adopt the framework across its services and publish an annual AI transparency report.
Why it matters: Microsoft’s advocacy for AI regulation carries implications for business and technology leaders across industries. Their influence in shaping AI policies can shape the direction of the industry and impact technology adoption.
- Microsoft President Brad Smith called for AI regulation and outlined a five-point plan to address AI risks while promoting a liberal vision for the technology.
- Smith supported the creation of a new government regulator overseeing licensing, testing, safety standards, and disclosure rules for AI development.
- He urged President Biden to sign an executive order mandating the implementation of a risk management framework for AI procurement, leveraging the US government’s purchasing power to shape the industry and encourage best practices.