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OMB Issues Draft Guidance on Regulation of AI Applications

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The Office of Management and Budget has released draft guidance for federal agencies as they develop regulations and policies related to artificial intelligence-based technologies.

A White House document says the draft OMB memo seeks to comply with an executive order on AI signed in February 2019.

The draft guidance sets 10 principles agencies should consider as they draft regulatory and non-regulatory approaches to the development and deployment of AI applications.

The principles are public trust in AI; public participation; scientific integrity and information quality; risk assessment and management; benefits and costs; flexibility; fairness and non-discrimination; disclosure and transparency; safety and security; and interagency coordination.

Michael Kratsios, U.S. chief technology officer and a 2019 Wash100 award winner, said agencies must show that they have satisfied the principles when proposing policies with regard to the private sector’s AI tech deployment, Federal News Network reported.

“The U.S. AI regulatory principles provide official guidance and reduce uncertainty for innovators about how the federal government is approaching the regulation of artificial intelligence technologies,” Kratsios said. “By providing this regulatory clarity, our intent is to remove impediments to private-sector AI innovation and growth. Removing obstacles to the development of AI means delivering the promise of this technology for all Americans, from advancements in health care, transportation, communication — innovations we haven’t even thought of yet.”

Stakeholders will have 60 days to submit public comments on the draft guidance.