Companies should consider how new AI risk standards may align to their operations and whether to comment on the draft standards to shape their development.

On April 29, 2024, the White House announced that several federal agencies have issued draft AI standards and rules per their requirement to do so within 180 days after the White House’s October 30, 2023, Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence (the Executive Order). These standards and rules will impact organizations that use AI, particularly providers of generative AI (GenAI) tools and healthcare providers — though much remains in draft form and open to public comment.