It’s AI Day in Washington, D.C., as President Donald Trump rolls out an “action plan” for artificial intelligence and gives a speech on the fast-growing field.

Matthew F. Ferraro, partner at Crowell & Moring’s Privacy and Cybersecurity Group, joined "Forbes Newsroom" to discuss President Donald Trump's AI action plan.

As President Donald Trump gears up for a major speech on artificial intelligence, reports are circulating that his long-awaited “AI Action Plan” will soon be revealed. Soon after taking office, the president scrapped Biden-era attempts to regulate AI and called for a new framework to be developed within 180 days.