McDermott Will & Schulte, a global law firm

1. AI is expanding in use and, with that, poses a potential harm to national security.
2. Concerns were expressed about AI misinformation in the upcoming 2024 election, the negative impacts of AI on children, and the harm of data collection and AI use overseas with different regulations than in the U.S.
3. Concerns were expressed regarding loss of jobs to AI, though there was also recognition of the economic benefits of AI.
4. Committee members emphasized the need for bipartisan support for carefully crafted legislation.

1. Developing AI solutions to optimize healthcare delivery and payment by advancing health equity, expanding access, making healthcare more affordable, improving outcomes through more coordinated care, improving patient experience and reducing clinician burnout.
2. Working with their peers and partners to ensure outcomes are aligned with fair, appropriate, valid, effective and safe (FAVES) AI principles, as established and referenced in HHS’s Health Data, Technology, and Interoperability: Certification Program Updates, Algorithm Transparency, and Information Sharing (HTI-1) rule.
3. Deploying trust mechanisms that inform users if content is largely AI-generated and not reviewed or edited by a human.
4. Adhering to a risk management framework for applications powered by foundation models.
5. Researching, investigating and developing AI swiftly but responsibly.

1. Internal and external security testing of their AI systems prior to release
2. Sharing information on managing AI risks with industry, government, civil society and academia
3. Investing in cybersecurity and insider threat safeguards to protect proprietary and unreleased model weights
4. Facilitating third-party discovery and reporting of vulnerabilities in their AI systems
5. Developing robust technical mechanisms, such as watermarking systems, to ensure that users know when content is AI generated
6. Publicly reporting the capabilities, limitations and areas of appropriate and inappropriate use of their AI systems
7. Prioritizing research on the societal risks posed by AI technology, including avoiding harmful bias and discrimination, and protecting privacy and
8. Developing and deploying advanced AI systems to help address important societal challenges.

The White House also announced that the Office of Management and Budget (OMB) will soon release draft policy guidance for federal agencies to ensure that the development, procurement and use of AI systems centers around safeguarding the American people’s rights and safety.

• Interim report: At the six-month mark, the commission will submit to Congress and the President an interim report, which will include proposals for any urgent regulatory or enforcement actions.
• Final report: At the year mark, the commission will submit to Congress and the President its final report, which will include findings and recommendations for a comprehensive, binding regulatory framework.
• Follow-up report: One year after the final report, the commission will submit to Congress and the President a follow-up report, which will include any new findings and revised recommendations. The report will include necessary adjustments pertaining to further developments since the final report’s publication.