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

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.

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.