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The White House Puts New Guardrails on Government Use of AI

VP Harris says US agencies must show their AI tools aren’t harming people’s safety or rights

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Biden administration unveils new rules for federal government's use of artificial intelligence

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VP Harris says U.S. agencies must show their AI tools aren’t harming people’s safety or rights

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Kamala Harris Will Save Us From This Dire Threat, and I Can't Stop Laughing

VP Harris announces new requirements for how federal agencies use AI technology

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'AI Czar' Kamala Harris launches bid to protect Americans from racist artificial intelligence: VP demands proof the technology is not biased

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"AI may cause the most dramatic and sustained economic boom of all time."

AI will make the world "way wealthier" and lead to a "productivity boom."

AI is an "amplifier of human intelligence" and will help the economy thrive.

AI will enable "universal high income" in place of "universal basic income."

"AI may become the heart of future economic growth in the coming decades."

AI harms could include "disrupting economies."

AI could "disrupt job markets."

"AI and technological unemployment" are the "biggest problem we face" from an "economic point of view."

"The moment superintelligent AI emerges, the human economy will end."

Will AI Bring Economic Risks?

The US Treasury Department used artificial intelligence (AI) to recover $1B in check fraud during the 2024 fiscal year, as well as other types of fraud, bringing the total amount recovered to $4B, or six times that recovered last year.

A Treasury official said they used AI to find "hidden patterns" of fraud, though exactly how AI was used was not disclosed. This saved an additional $2.5B by preventing high-risk transactions and $500M from "risk-based" screenings.

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While significant progress has been made for the Treasury, which processes an annual 1.4B payments worth $6.9T, a Government Accountability Office (GAO) report showed the government still loses between $233B and $521B in fraud every year.

Gizmodo

Alongside the Treasury, which said it still uses humans to approve labeling transactions as fraud, the Internal Revenue Service (IRS) also used AI to recover $1.3B from wealthy taxpayers since late 2023.

The IRS estimates that it's still owed roughly $496B in taxes from 2014-2016, which the GAO projected was to grow to $688B by 2021.

While the use of AI has expanded throughout both the government and private financial institutions, the Treasury warned that it could still have "biases" against "certain demographics in anti-fraud cases." Other concerns surround AI being used to commit fraud.

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The US Treasury Department used artificial intelligence (AI) to recover $1B in check fraud during the 2024 fiscal year. AI was also used to recover other types of fraud, bringing the total amount recovered to $4B, which is six times that recovered last year.

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A Treasury official said they used AI to find "hidden patterns" of fraud, though exactly how AI was used was not disclosed. Besides check fraud, this saved $2.5B by preventing high-risk transactions and $500M from "risk-based" screenings.

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While significant progress has been made for the Treasury, which processes an annual 1.4B payments worth $6.9T, a Government Accountability Office report showed the government still loses between $233B and $521B in fraud every year.

Gizmodo #

Alongside the Treasury, which said it still uses a humans to appove labeling transaction as fraud, the Internal Revenue Service is also using AI to recover $1.3B from wealthy tax payers since late 2023.

US Election Issue: Artificial Intelligence

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US Treasury Has Used AI to Catch $1B in Fraud This Year

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US Treasury Has Used AI to Catch $1B in Fraud This Year

US Treasury Has Used AI to Catch $1B in Fraud This Year

The Controversies

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US Treasury Has Used AI to Catch $1B in Fraud This Year

US Treasury Has Used AI to Catch $1B in Fraud This Year

The Controversies

Andreessen

Altman

LeCun

Musk

Bengio

Mitchell

Harris

Russell

Tallinn

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