President Biden thinks AI can help with some of the most challenging problems the world faces, but he also says there are hazards to society, the economy, and national security that need to be considered.

President Biden stated that “AI can help deal with some very difficult challenges like disease and climate change, but we also have to address the potential risks to our society, to our economy, to our national security.” This was said during a meeting on Tuesday with the President’s Council of Advisors on Science and Technology.

After over 1,000 professionals, including Elon Musk and Steve Wozniak, published an open letter advocating for a “pause” on extensive AI development, Biden made his remarks just one week later. The Future of Life Institute, a group committed to lowering the possibility of “existential threats” brought on by emerging technologies, published the letter.

The White House’s draft AI Bill of Rights, which was put forth in October 2022, was highlighted by the President, even though he did not specifically name the institute’s letter. The purpose of the bill is to guarantee that fundamental safeguards for the rights, security, and privacy of Americans are included from the outset in AI systems.

Biden reaffirmed his commitment to responsible innovation, suitable safeguards, and defending Americans’ right to privacy during the meeting. He emphasized that computer businesses must make sure their products are secure before releasing them to the general public.

Additionally, Biden argued that Congress should enact bipartisan privacy laws to place restrictions on the personal information that internet companies may collect about their customers, outlaw targeted advertising to youngsters, and mandate that corporations give health and safety a top priority when developing new products.

It remains to be seen, Biden said in response to a reporter’s question about whether artificial intelligence is dangerous. It might be.

The president’s comments on AI highlight the significance of weighing new technology’s potential advantages and disadvantages. His emphasis on ethical innovation and safeguarding Americans’ safety and rights serves as a crucial reminder that AI must be created and applied carefully.

A positive step toward ensuring that the advantages of AI are realized while reducing the possible hazards of the technology is the blueprint for an AI Bill of Rights.