Top artificial intelligence executives have agreed to voluntary standards aimed at increasing industry oversight, according to President Trump. The development was announced Tuesday afternoon by the president and House Speaker Mike Johnson, who stated that several major AI companies signed an agreement outlining standards for reviewing AI systems.
Johnson described the document as a statement of principles and commitments that are voluntary on the part of the industry. He told reporters that the agreement sets forth expectations for oversight and transparency, noting that these leaders will be providing that supervision. Trump characterized the accord as "morally binding" and stated that if something goes wrong, the companies themselves are at stake. He added that the executives are effectively going to be policing each other.
Mark Zuckerberg outlined specific steps participating companies expect to take under the new framework. These measures include internal risk reviews and outside audits. According to Zuckerberg, the leaders drafted a list of principles covering the review of internal controls and the detection of issues with the technology. He specified that this could involve multiple layers of auditing controls, with both internal risk reviews and external auditors examining the technology.
The scope and enforcement mechanisms of the agreement remain unclear because full details have not yet been released. When asked for comment on Tuesday, the White House directed Axios to turn on TRUTH notifications, a reference to President Trump's Truth Social account.
Additional details on the functioning of the voluntary standards are anticipated following Tuesday's session with Washington officials. An AI czar is also projected to be chosen within three to four days. Trump indicated he wants to consult with Johnson and Senate Majority Leader John Thune regarding that selection.