President Biden's Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence, signed on October 30, 2023, is a historic and comprehensive directive aimed at advancing and regulating AI in the US without introducing new legal authorities. It emphasizes the use of existing tools to guide AI policy, encouraging responsible AI use across various sectors like healthcare and education while addressing data privacy, cybersecurity, and competition concerns. The order builds on previous initiatives, such as the AI Bill of Rights and NIST's AI Risk Management Framework, and establishes aggressive timelines for federal agencies to implement guidelines. It also addresses the impact of AI on the workforce and proposes measures to attract global AI talent to the US. The EO aligns with international efforts, including the G7 Hiroshima AI Process and the UK's AI Safety Summit, reflecting a global dialogue on AI regulation.