Adobe (ADBE.O), IBM (IBM.N), Nvidia (NVDA.O), and five other companies have signed President Joe Biden’s voluntary pledges regulating artificial intelligence, which includes procedures such as watermarking AI-generated information, according to the White House. Other companies that have signed the commitments include Nvidia (NVDA.O) and IBM (IBM.N).
The initial pledges, made public in July, were made to prevent AI’s great capability from being used for malicious ends. In July, pledges were made by Google, OpenAI, and OpenAI partner Microsoft (MSFT.O), all of which signed onto the initiative.
The White House’s initiative on AI is aimed at establishing ethical standards and guidelines for the development and deployment of artificial intelligence technologies. It recognizes the transformative potential of AI in various sectors but also acknowledges the importance of addressing potential risks and ethical concerns associated with AI.
By encouraging industry participation in these voluntary commitments, the White House seeks to create a collaborative framework for the responsible development of AI. This approach allows technology companies to shape AI’s future while upholding ethical principles proactively.
Adobe, a renowned software company known for its creative and document management solutions, has firmly supported responsible AI development. The company’s commitment to the White House’s initiative underscores its dedication to ensuring that AI technologies are developed and utilized in a manner that prioritizes ethical considerations.
Adobe has pledged to adhere to ethical AI principles that encompass transparency, fairness, and accountability as part of its commitment. These principles align with the broader goal of fostering trust in AI technologies among users and the public.
Adobe’s participation in the White House’s voluntary commitments reflects a broader trend within the technology industry. Increasingly, tech companies recognize the importance of ethical AI development and are joining forces to create a responsible AI ecosystem.
“The president has been clear: harness the benefits of AI, manage the risks, and move fast – very fast,” White House chief of staff Jeff Zients said in a statement. “The president has been very clear.” “And we are doing just that by partnering with the private sector and pulling every lever we have at our disposal to get this done.”
Palantir (PLTR.N), Stability, Salesforce (CRM.N), Scale, and Cohere are the other five organizations that have signed on to the promises.
Congress has conducted debates on prospective AI legislation. Still, very little has been presented, and nothing important has become law, so this move is a temporary measure to address the issue.
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