Welcome to this week’s edition of What's Happening in AI, the latest in policy, responsible AI, where AI is going, and looming big questions.

Below: Policy speeds up, opportunities and risks of AI, and more. First, highlights for founders and investors:

• Biden-⁠Harris administration secures voluntary commitments from leading AI companies to manage the risks posed by AI
• Senate imposes new rules on outbound investments into China
• House committee takes aim at US VCs for investments in Chinese AI

Policy

Americas:

• Senator Peters’ big idea for AI
• Senator Schumer looks to tuck AI into huge defense bill
• Why the Consumer Financial Protection Bureau cares about tech and AI
• Senator Casey rolls out bills to protect workers from AI surveillance and 'robot bosses'

Europe:

• The EU is forging a relationship with California on data privacy
• 10 Members of European Parliament ask for a moratorium on tracking of users
• EU Commission mulls rules on algorithmic management in workplace

Asia:

• Beijing’s top leaders offer fresh backing to country’s big tech sector
• China announces rules to keep AI bound by ‘core socialist values’

International organizations:

• UN chief calls for global AI agency

ICYMI: Do foundation model providers comply with the draft EU AI Act?

Responsible AI

Security and safety:

• Dario Amodei, CEO of Anthropic, on the paradoxes of AI safety
• A framework to securely use LLMs in companies - overview of risks
• Mastodon rife with child-abuse material, study finds

Economy:

• Shared prosperity guidelines for AI-creating organizations
• China’s live-streaming e-commerce market faces disruption as AI virtual hosts lower costs, work round the clock

Accuracy and data:

• OpenAI scuttles AI-written text detector over ‘low rate of accuracy’
• One-pager on baseline individual rights and data privacy

ICYMI: AI explainability in practice with Portal Telemedicine

Where AI is going

• The next token of progress: 4 unlocks on the generative AI horizon
• The timeline for realistic 4-D: Devi Parikh from Meta on generative AI in video and multimodality
• The open source learning curve for AI researchers

Compute:

• Cerebras’ supercomputer whirs to life, powered by giant computer chips
• CoreWeave’s co-founder, Brannin McBee, on cloud GPUs (and $1.6B plan)
• Stanford study challenges assumptions: Larger context doesn’t mean better understanding

Plus: FlashAttention-2 release, Stability AI’s FreeWilly, Apple tests ‘Apple GPT', Cohere’s Coral, Google's Bard enters Europe, Worldcoin launches

Society

• AI boom's big winners are all in four US states (More here)
• Artificial intelligence reshaping the jobs market in Australia’s biggest cities

Manufacturing:

• TSMC delays Arizona factory that will eventually build chips for iPhones and AI
• Want to win a chip war? You’re gonna need a lot of water
• More from India ($19.5B plan) and Singapore ($2B plan)

ICYMI: Who’s winning the AI race? It’s not that simple

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