AI Regulations: What Lawmakers and the President Are Doing in 2024

The article discusses the growing concerns surrounding the rapid development of artificial intelligence (AI) and the efforts being made by lawmakers and the President to regulate this technology. As AI systems become increasingly advanced and capable, there is a need to establish guidelines and rules to ensure their safe and ethical use. The article highlights the potential risks associated with AI, such as the spread of misinformation, privacy violations, and the displacement of human workers. Lawmakers are considering various measures, including restrictions on the use of AI for certain applications, requirements for transparency and accountability, and the establishment of oversight bodies. The President has also expressed interest in addressing AI regulation, recognizing the importance of balancing innovation with public safety. The article emphasizes the need for a comprehensive and proactive approach to AI regulation, involving collaboration between policymakers, industry leaders, and experts in the field. The goal is to create a framework that fosters responsible development and deployment of AI while mitigating potential harms.

Source: https://www.businessinsider.com/ai-regulations-what-lawmakers-president-are-doing-2024-4