White House bringing Google, Microsoft CEOs together for ‘frank discussion’ of AI

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Top Biden officials including Vice President Kamala Harris and Commerce Secretary Gina Raimondo are set to sit down with leading tech executives at 11:45 am Thursday to discuss the future of AI and Washington’s role in it.

The meeting, according to an invitation obtained by Yahoo Finance, promises to be a “frank discussion of the risks we each see in current and near-term AI development,” as well as possible actions to mitigate those risks.

In attendance will be the Alphabet (GOOG, GOOGL) CEO Sundar Pichai , Microsoft (MSFT) CEO Satya Nadella, Anthropic CEO Dario Amodei, and OpenAI CEO Sam Altman, according to the White House.

"This is complicated," said Secretary Raimondo in an interview ahead of the gathering. "Probably the most complicated tech policy discussion possibly that we've ever had, and the administration wants to be very serious and thoughtful about it."

Vice President Kamala Harris delivers remarks in the Rose Garden of the White House on Monday. (Chip Somodevilla/Getty Images) · (Chip Somodevilla via Getty Images)

To coincide with the meeting, the White House also made made three announcements Thursday morning including $140 million in new investments towards AI research, a plan to release guidance on how the U.S. government itself uses AI, and new commitments from companies to participate in public assessments of their existing AI products.

Anthropic, Google, Hugging Face, Microsoft, NVIDIA, OpenAI, and Stability AI will all participate in the new public evaluations at a hacking conference this summer called DEFCON 31.

The meeting and announcements comes as the explosive growth of platforms like ChatGPT has tech leaders and Washington policymakers debating how heavy a hand Washington should have in the emerging technology in the years ahead. There are concerns AI could have widespread implications in the national security arena as well as in American society overall.

A technology that could ‘screw up our democracy’

AI is a technology so powerful that it even has the potential to “allow an evil country, competitor to come in and screw up our democracy,’ former Google CEO and Chairman Eric Schmidt told Yahoo Finance this week from the 2023 Milken Global Conference.

Schmidt added that the potential and dangers of AI – many of the most visible AI applications, like OpenAI’s ChatGPT, are currently less than six months old – will take a long time to be felt across the country and in Washington.

“If you look at the history of technology, it’s a decade before you really see the transformative nature of it,” he said.

Still, regulating AI is tricky, especially since tech regulation hasn’t been Washington’s strong suit.

Europe has been more proactive when it comes to tech regulation at-large, instituting laws like General Data Protection Regulation, or GDPR, which governs how personal data can be used in the European Union. However, in terms of AI, there's still a lot of feeling around in the dark. In this respect, Schmidt told Yahoo Finance, the U.S. isn’t alone.