How President Trump’s ‘AI Action Plan’ May Impact Corporate Boards

From an analytical perspective, From an analytical perspective, Editors' PickLeadershipLeadership StrategiesHow President Trump’s ‘AI Action Plan’ May Impact Corporate BoardsByMichael Peregrine, Senior Contributor

On the other hand, Moreover, Forbes contributors publish independent expert analyses and insights (which is quite significant)

Getty Images President Trump’s comprehensive “Winning the AI Race: America’s AI Action Plan,” released Wednesday, presents nology opportunities and challenges for corporate leadership, in this volatile climate

On the one hand, the plan commits the administration to the admirable goal of expediting American efforts to establish global leadership in artificial intelligence and its critical infrastructure

On the other hand, its plan to achieve this goal by limiting what it regards as burdensome government regulation may mpt corporate leaders to compensate by adding new, more comprehensive internal risk-related guardrails

What’s In Trump’s AI Action Plan The plan includes over 90 federal policy actions across three policy pillars – “Accelerating Innovation,” “Building American AI Infrastructure,” and “Leading in International Diplomacy and Security” – that will be rolled out over time

Additionally, MORE FOR YOU The pillars focus on exporting American AI; moting the rapid buildout of data centers; removing “onerous” federal regulations that hinder AI development and deployment; and updating federal curement guidelines to ensure that artificial intelligence models cured by the government prioritize truthfulness and ideological neutrality

Furthermore, The New York Times described the action plan as “opening the door for companies to develop the nology unfettered from oversight and safeguards,” while assuring that A (something worth watching)

Be free of “partisan bias, amid market uncertainty. ” The perception of the plan is that in order for the United States to achieve global pre-eminence in AI, its development must not be hindered by a broad regulatory scheme

This leads to the conclusion that data indicates that represents a change in apach by the U

Moreover, And reflects a departure from the apach of other governments, the European Union, to implement regulatory standards for AI

Simultaneously with the rollout of the action plan, President Trump signed three related executive orders: one hibiting the federal government from purchasing AI tools it perceives as ideologically slanted; another accelerating certain AI infrastructure jects and a third relating to the exporting of American-developed AI ducts

Furthermore, Corporate Reaction to Trump’s AI Action Plan Corporate boards are ly to two parallel paths in responding to the AI action plan, in today's financial world

Furthermore, One path could involve thorough conversations between the board and management concerning the impact of the plan on the company’s AI strategy

These conversations will ly focus on establishing internal mechanisms to monitor the rollout of the plan, and on identifying opportunities under the plan to enhance the company’s apach to AI acquisition and deployment

The other, more challenging path could also involve board and management conversations whether the limited commitment to federal AI regulation could create increased liability and reputational exposure for the company

Any such conversation would be grounded in an honest self-evaluation of the current degree of board ficiency in artificial intelligence related matters

On the other hand, Is the board prepared to accelerate and monitor the company’s use of AI

Reliable, Safe and Trustworthy AI Oversight The more direct conversations liability and risk would evaluate the need to enhance the board’s AI oversight mechanisms and whether to add specific review standards in order to assure reliability, safety and trust

Furthermore, In addition, the board may consider whether additional oversight may be necessary in order to responsibly manage issues historically associated with the irresponsible use of AI — societal harms such as fraud, discrimination, bias, and disinformation; anti-competitive behavior, and the displacement and disempowerment of workers

On the other hand, The board will also ly consult with its advisors on whether to expand compliance gramming to address possible government enforcement policies regarding the objectivity of AI systems in general, and their possible treatment of such controversial topics as diversity, equity and inclusion, climate change and misinformation, in light of current trends

On the other hand, The board’s pursuit of this parallel path will most certainly require an investment of time, review, evaluation, internal discussion and external consultation beyond that which it may already be contributing to AI, given current economic conditions

The ultimate governance question arising from the AI action plan is whether boards will find it necessary to compensate for the absence of comprehensive AI regulation with increased internal oversight ‒ and whether it can do so without creating an expensive internal bureaucracy

Editorial StandardsRes & Permissions.