Seems to me the problem here will the government attempting to create laws for something it inherently does not understand. As a member of congress to explain what AI is.

By Glenn Gow – As AI grows in impact in the business world, the U.S. government is finally wading in to influence the future of regulation.

Businesses have significant challenges effectively operating in a regulatory free-for-all world. Companies actually want some regulation. As mentioned in “Why Are Technology Companies Quitting Facial Recognition?” the providers of AI solutions want federal regulations because, in the absence of leadership at the federal level, states and municipalities will create those regulations. This makes it nearly impossible for a technology vendor to address hundreds of permutations of similar-but-different laws.

Furthermore, the board of directors needs to govern what their company is doing with AI. Without federal regulation, the risk of running afoul of a particular regulation in one locale becomes very high. Facebook paid a $650 million settlement to the state of Illinois for allegedly violating a biometric law.

The EU is making significant strides toward AI regulation and is taking the lead in the western world. The EU has laid out a framework for AI regulation. Armed with this framework, companies can now lobby to ensure any regulation balances the needs of the individual with the needs of the corporation.

Recently, the White House has published a document to open a discussion about a Bill of Rights in an AI-Powered World. This article summarizes that document. Read On: