set by the White

House

Senate Majority Leader Chuck Schumer, D-N.Y., has said he will introduce legislation to regulate AI and is working closely with the Biden administration “and our bipartisan colleagues” to build upon the pledges made Friday.

A number of technology executives have called for regulation, and several attended an earlier White House summit in May.

Microsoft President Brad Smith said in a blog post Friday that his company is making some commitments that go beyond the White House pledge, including support for regulation that would create a “licensing regime for highly capable models.”

Some experts and upstart competitors worry that the type of regulation being floated could be a boon for deep-pocketed first-movers led by OpenAI, Google and Microsoft as smaller players are elbowed out by the high cost of making their AI systems adhere to regulatory strictures.

The White House pledge notes that it mostly only applies to models that “are overall more powerful than the current industry frontier,” set by recent models such as OpenAI’s GPT-4 and image generator DALL-E 2 and similar releases from Anthropic, Google and Amazon.

A number of countries have been looking at ways to regulate AI, including European Union lawmakers negotiating sweeping AI rules for the 27-nation bloc that could restrict applications deemed to have the highest risks.