Joe Biden Proposes Major New AI Rules To Combat China [Video]

President Joe Biden has proposed a new framework to limit the export of advanced computer chips used to develop artificial intelligence.

The Biden administration outlined a series of rules with the aim of “keeping the world’s AI runs on American rails,” by placing restrictions on which countries U.S. companies can sell advanced chips to.

Newsweek contacted the White House for comment.

Why It Matters

Though the White House did not explicitly mention China in the regulations, the Asian nation is the U.S.’s top competitor in the AI space.

The new framework features a list of “countries of concern” that the White House fears will challenge U.S. leadership in the industry, restricting companies’ ability to do business with these nations.

What To Know

The new Interim Final Rule on Artificial Intelligence Diffusion outlines new checks AI companies in the U.S. will have to complete before doing business with other nations.

It will use a series of lists – one of U.S. …