Summary: President Biden signed an executive order on AI focusing on safety, security, and ethical concerns. The order mandates that companies report to the federal government about the risks of their AI systems, particularly concerning the possibility of aiding countries or terrorists in developing weapons of mass destruction. The order also seeks to address deep fake concerns and promote the development of AI in the United States. It emphasizes the need for AI regulation while encouraging the use of AI for innovation, but the scope is currently limited, and further congressional action may be required.