Bloomberg Law
May 25, 2023, 4:14 PM

Microsoft Calls for a New US Agency and Licensing for AI (1)

Anna Edgerton
Anna Edgerton
Bloomberg News
Dina Bass
Dina Bass
Bloomberg News

Microsoft Corp. is calling for a new US agency to regulate artificial intelligence and licensing requirements to operate the most powerful AI tools, company President Brad Smith said Thursday.

Smith compared AI to the printing press, elevators and food safety for both the transformative power of a new technology and the regulatory need to protect against the greatest potential harms. His call for a new agency echoes proposals from OpenAI, the startup behind the wildly popular ChatGPT, which received a $10 billion investment from Microsoft.

“We would benefit from a new agency,” Smith said in a speech in Washington. ...

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