On October 30, 2023, President Biden signed an executive order on AI that aims to set new standards and requirements for AI developers, users, and regulators while also encouraging responsible and ethical use of AI throughout American industry. 

The order imposes new obligations and expectations on AI developers and users across various sectors and domains, an includes requirements such as sharing the results of safety tests for foundational AI models that pose serious risks, and applying rigorous standards for testing the safety, security, and trustworthiness of AI systems.

In the order, President Biden also calls on Congress to pass bipartisan data privacy legislation, an area where the United States currently lags behind other countries, and prioritize the development of privacy-preserving techniques for training AI systems. 

Beyond the regulatory requirements, the order seeks to promotes innovation and competition in the AI sector, by catalyzing AI research, providing technical assistance and resources to small developers and entrepreneurs, and expanding the ability of highly skilled immigrants and nonimmigrants with expertise in critical areas to study, stay, and work in the United States. The President hopes to support these developments through creation of a robust international frameworks for harnessing AI's benefits and managing its risks and ensuring safety, and collaboration with allies and partners on the development and implementation of vital AI standards. 

Finally, the order also seeks equity and civil rights in the use of AI, by providing guidance and best practices to prevent and address algorithmic discrimination and bias, and to mitigate the harms and maximize the benefits of AI for workers.