President Trump’s action revoking former President Biden's executive order on AI safety raises expectations for corporate boards to closely monitor technology risks.

U.S. President Donald Trump on Monday revoked a 2023 executive order signed by Joe Biden that sought to reduce the risks that artificial intelligence poses to consumers, workers and national security.

In his executive actions on day one of his presidency, Donald Trump rescinded an executive order Joe Biden signed in 2023 to establish safety guidelines for generative AI. The Biden-era order required developers of large AI models like OpenAI‘s GPT lineup to share the results of safety tests with the US government.

Biden’s EO established industry reporting requirements on the riskiest systems.

President Trump has revoked a 2023 executive order signed by former President Biden that sought to reduce the potential risks AI poses.

Much of Biden's order set in motion a sprint across government agencies to study AI's impact on everything from cybersecurity risks to its effects on education, workplaces, and public benefits.

U.S. President Donald Trump on Thursday signed an executive order related to AI to "make America the world capital in artificial intelligence," his aide told reporters in the White House's Oval Office.

The order has ignited debate over the balance between fostering innovation and addressing critical issues such as privacy, security, and ethical standards.