Two important announcements in AI policy were made today.

First one: FACT SHEET: President Biden Issues Executive Order on Safe, Secure, and Trustworthy Artificial Intelligence

Some quotes:

With this Executive Order, the President directs the most sweeping actions ever taken to protect Americans from the potential risks of AI systems:

• Require that developers of the most powerful AI systems share their safety test results and other critical information with the U.S. government. [...]
• Develop standards, tools, and tests to help ensure that AI systems are safe, secure, and trustworthy. [...]
• Protect against the risks of using AI to engineer dangerous biological materials [...]

Second one: G7 leaders' agreement on Guiding Principles and a Code of Conduct on Artificial Intelligence

Some quotes:

We call on organizations to abide by the following actions, in a manner that is commensurate to the risks:

• Take appropriate measures throughout the development of advanced AI systems, including prior to and throughout their deployment and placement on the market, to identify, evaluate, and mitigate risks across the AI lifecycle. [...]
• Publicly report advanced AI systems’ capabilities, limitations and domains of appropriate and inappropriate use, to support ensuring sufficient transparency, thereby contributing to increase accountability. [...]
• Develop, implement and disclose AI governance and risk management policies, grounded in a risk-based approach – including privacy policies, and mitigation measures.[...]
• Advance the development of and, where appropriate, adoption of international technical standards. [...]