Giving Compass' Take:

• Kristin Musulin reports that the White House has unveiled a draft memorandum detailing 10 principles to guide federal regulation of artificial intelligence (AI) technologies and applications.

• The article mentions that public engagement is needed. How can philanthropy get involved?

• Learn about the potential risks from advanced artificial intelligence. 

The Trump administration introduced AI guidance in 2019 with Executive Order 13859, or the American AI Initiative, a national strategy resting on five main pillars: promoting a sustained AI R&D investment; increasing federal AI resources; removing barriers to AI innovation; fostering workplace opportunity for AI jobs, with AI-focused education and training opportunities; and promoting international engagement.

The new memorandum seeks to expand the federal government's oversight of AI-powered technologies and to ensure that all federal government agencies — from the Food and Drug Administration (FDA) to the U.S. Department of Transportation (USDOT) — have the same information and guidance in how to regulate the private sector.

It recognizes some huge barriers to AI development, however, including cost-benefits and algorithmic biases. In regard to costs, Kratsios said flexibility will be key in finalizing guiding principles, to ensure regulatory frameworks can adapt with the ongoing tech revolution.

“Public interaction, public engagement is key," he said. "We don’t have all of the answers in Washington, never have, and we can’t begin to just start blindly putting out new rules on AI without engagement."

Read the full article about regulating artificial intelligence by Kristin Musulin at Smart Cities Dive.