Biden wants to move fast on AI safeguards and will sign an executive order to address his concerns

President Joe Biden is signing a sweeping executive order to guide the development of artificial intelligence. Monday's order will require industry to develop safety and security standards, introduce new consumer protections and give federal agencies an extensive to-do list to oversee the rapidly progressing technology. AI has been a source of deep personal curiosity for Biden, given its potential impact on the economy and national security. Biden had directed his staff to move with urgency on a policy that could maximize AI's possibilities and contain its perils. The Democratic president's order will require leading AI developers to share safety test results and other information with the government.