May 11, 2018
The White House announced the creation of a Select Committee on Artificial Intelligence and promised a light touch when it comes to regulating the technology, noting: "Erecting barriers to innovation does not stop the future... It makes the future move overseas."
"We didn’t cut the lines before Alexander Graham Bell made the first telephone call," said Michael Kratsios, Deputy Assistant to the President for Technology Policy. "We didn’t regulate flight before the Wright Brothers took off at Kitty Hawk."
"To a certain degree, job displacement is inevitable,” Kratisios added. "We can’t sit idle, hoping eventually the market will sort it out. We must do what Americans have always done: adapt.”
Mission of the new committee: “To improve the coordination of federal efforts related to AI to ensure continued U.S. leadership in this field.” It will be made up of senior R&D officials from across the federal government.
More than 40 companies from various sectors gathered. According to a release from the Energy Department, the event focused on the application of AI in five sectors:
A White House AI Fact Sheet released following the summit lauds previous administration efforts to train the U.S. workforce for the 21st century, but does not mention other challenges facing employers, such as ensuring that the use of AI helps rather than hinders a company in reaching its diversity and inclusion goals.
The Association's Recruiting Software Initiative (RSI) is developing a report that will help member companies navigate the growing number of recruiting software applications that use AI—and the functions and solutions they claim to offer. The report will examine vendors through the lens of important issues related to their products, including adaptability, bias, compliance, integration, justification, and returns. If you have any questions or would like to learn more about the RSI, please contact Mike McGuiness at email@example.com.