Faced with widespread public concerns about the risks of artificial intelligence, US President Trump reached an agreement with Silicon Valley industry leaders to support hiring an external auditor to evaluate the security of AI systems in order to avoid new government regulations. The agreement was finalized at the White House luncheon on Tuesday, with nearly 24 tech industry executives attending. The AI companies participating in the agreement also promised to meet regularly to set industry best practice standards. The document is not legally binding, but Trump called it “morally binding” to reporters. In an interview with reporters in the White House driveway after the event, Trump said, “To some extent, it's almost like a constitution. The world's top business leaders have all signed this document, and I signed it as president. It really is a protective mechanism.”

Faced with widespread public concerns about the risks of artificial intelligence, US President Trump reached an agreement with Silicon Valley industry leaders to support hiring an external auditor to evaluate the security of AI systems in order to avoid new government regulations. The agreement was finalized at the White House luncheon on Tuesday, with nearly 24 tech industry executives attending. The AI companies participating in the agreement also promised to meet regularly to set industry best practice standards. The document is not legally binding, but Trump called it “morally binding” to reporters. In an interview with reporters in the White House driveway after the event, Trump said, “To some extent, it's almost like a constitution. The world's top business leaders have all signed this document, and I signed it as president. It really is a protective mechanism.”