Elizabeth Kelly to lead efforts in ensuring AI safety

  • Elizabeth Kelly named director of U.S. AI Safety Institute
  • Kelly played integral role in establishing the institute
  • Institute to create safety standards for AI developers by July
  • Goal is to foster trust and wider adoption of AI technology

The Biden administration has appointed Elizabeth Kelly as the director of the U.S. government’s newly established AI Safety Institute. Kelly, an economic-policy adviser for President Joe Biden, played a key role in drafting the executive order that created the institute. The institute’s main objective is to develop safety standards for AI developers, with plans to finalize these standards by July. The goal is to build trust and encourage wider adoption of AI technology. Currently, AI companies are required to test their systems, but there is a lack of universal standards. Kelly’s appointment aims to address this issue and ensure the safety of AI for consumers and businesses.

Public Companies: National Institute for Standards and Technology (), Commerce Department (), Capital One (COF)
Private Companies:
Key People: Elizabeth Kelly (Director of the AI Safety Institute), Lael Brainard (Director of the White House National Economic Council), Joe Biden (President)


Factuality Level: 8
Justification: The article provides factual information about the appointment of Elizabeth Kelly as the director of the AI Safety Institute at the National Institute for Standards and Technology. It mentions her role in drafting the executive order and her background. It also mentions the goals of the institute and the need for safety standards in AI development.

Noise Level: 7
Justification: The article provides some relevant information about the appointment of Elizabeth Kelly as the director of the AI Safety Institute. However, it lacks in-depth analysis, scientific rigor, and evidence to support its claims. It also includes some irrelevant information about Kelly’s background that is not directly related to the topic. Overall, the article contains some noise and filler content, but it does provide a basic overview of the subject.

Financial Relevance: Yes
Financial Markets Impacted: The article mentions Elizabeth Kelly’s role in shaping President Biden’s agenda on tech and financial regulation, but it does not provide specific information about financial markets or companies impacted.

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article primarily focuses on the appointment of Elizabeth Kelly as the director of the AI Safety Institute and her role in shaping President Biden’s agenda on tech and financial regulation. It does not mention any extreme events or their impact.

Reported publicly: www.marketwatch.com