The order will require AI system makers to share model training and safety testing results before public releases, strengthen user and data privacy practices, prevent discrimination, and identify a common framework for how US Federal agencies adopt and procure commercial AI systems. The US State and Commerce departments have been ordered to establish new standards for international AI partnerships. The order also requires AI companies to explain their protective measures to combat espionage, cyberattacks, and digital subversion risks. The US is moving on the technology at a time when policymakers around the world are trying to work out how far to regulate it and protect competition and innovation. 

, also thinks that that AI will play an important role in wealth management. But she believes that AI must be regulated, and this should start sooner rather than later. “Things that are not regulated tend not to end well. There are lots of opportunities out there and we do need regulation to stop people doing the wrong thing,” she said. See more here.