Big Tech wants AI ‘referee,’ but lawmakers differ on approach to regs
By 
Adrianne Appel2023-09-14T18:55:00
Federal lawmakers shined a spotlight on artificial intelligence (AI) this week, raising the possibility that Congress will—eventually—legislate some controls on the burgeoning technology.
The rapid integration of AI into most sectors of the economy and life in general, including education and social media, has sparked high concern among many. The wide popularity of Open AI’s generative AI chatbot ChatGPT, launched 10 months ago, has escalated calls globally to place controls on that specific technology and others like it.
The European Union is set to finalize by the end of this year its AI regulation, which is based on the potential risks posed.
Related articles
-
News BriefMicrosoft report describes its artificial intelligence safety efforts
Microsoft published a public report covering its artificial intelligence endeavors and steps it is taking to make the controversial technology safe.
-
PremiumBiden AI executive order tips hand on areas of regulation focus
It’s all hands on deck at the White House to put into motion the dozens of directives in President Joe Biden’s executive order on artificial intelligence, according to Nik Marda, chief of staff for the Technology Division in the Office of Science and Technology Policy.
-
PremiumExperts: Copyright, IP concerns top of mind with AI use
Companies need to be aware of the legal risks and liabilities associated with their use of AI-based technologies, as technology firms are not the only ones in regulators’ sights, a panel of experts discussed at Compliance Week’s Europe conference in London.
More from Regulatory Policy
-
ArticleTrump takes aim at state AI laws, promises federal action on AI legislation
President Donald Trump has issued an executive order aimed at dismantling the artificial intelligence (AI) laws of California, Colorado and three other states with comprehensive laws.
-
ArticleSFO sharpens framework for judging compliance programs in bribery and fraud cases
The U.K. Serious Fraud Office (SFO) has updated its guidance about how it evaluates corporate compliance programs when considering whether to prosecute or offer leniency to companies that have breached bribery and corruption laws.
-
ArticleFINRA annual regulatory report offers AI guidance, points to significant risks
Financial firms seeking guidance on AI, the threat of cyberattacks, market manipulation, or fraud targeting senior clients can turn to annual guidance issued by the Financial Industry Regulatory Authority.