Statement
Published: 1 November 2023
BritishAmerican Business Welcomes US Government Announcements on AI
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Welcoming the Biden-Harris Administration’s announcements on AI today, BritishAmerican Business (BAB) CEO Duncan Edwards said:
“Today’s announcements from the Biden-Harris Administration in London show that the transatlantic corridor is at the forefront of global leadership in AI.
“The impact of AI on our societies will be driven just as much by technology as it will be by policy and regulation. BAB welcomes the commitment for close collaboration on AI safety, which will see the US and the UK work together on AI guidelines, standards and risk assessment.
“The undeniable appeal of AI as a force for good needs to be balanced with safety, risk and regulatory considerations. Today’s announcements reflect the US and UK’s joint vision to play a leading role in charting the way for the responsible growth of AI across the globe.
“We welcome this week’s AI Safety Summit which builds on the US and the UK governments commitment to cooperate on AI safety, as set out in the Atlantic Declaration, signed by Prime Minister Rishi Sunak and President Biden in June.”
About BritishAmerican Business
BritishAmerican Business is the leading transatlantic trade association incorporating the British-American Chamber of Commerce in the US and the American Chamber of Commerce in the UK.
We are committed to strengthening the economic corridor between the United States and the United Kingdom by supporting policies and actions that protect and enhance the environment for transatlantic trade and investment on behalf of our members.
We convene and serve a growing network of companies and business leaders through networking opportunities, bespoke programming and marketing platforms.
We actively promote trade and investment and support those who make the transatlantic corridor part of their business growth ambition.