Driving The Day

Today is June 24, 2024, and here are the key policymaker and stakeholder actions on AI you need to know: In Washington, the U.S. Treasury Department proposed a rule that would restrict outbound investments by American companies into sensitive technologies like AI being developed in China and other countries of concern. In California, a budget deal includes language to help state agencies access additional resources for generative AI projects. Lastly, the Federation of American Scientists argued for the creation of a NIST Foundation to help the agency access resources to fulfill its mandate on AI issues.

In this issue:

• Washington in Focus: Acquisition officials highlight need for transparency in AI discussions with industry. 

• Around the Nation: Washington State’s Attorney General named AI task force members. 

• Across the Pond: A law professor argues the EU’s AI Act does not take a risk-based approach to AI regulation despite many claiming it does.

• Global Highlights: China contemplates ‘countermeasures’ after US takes steps to curb outbound tech, AI investment.

• Outside Views: The Center for AI Policy expressed skepticism over former OpenAI researcher Ilya Sutskever’s latest venture, which is focused on building safe superintelligence.

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