Can Standards, Guidelines Be Enough to Regulate the AI Industry?
A panel at the Soft Law Summit in Arlington, Virginia, on Tuesday looked at the drawbacks and advantages of having a light touch when it comes to AI regulation.
October 17, 2023 at 06:15 PM
5 minute read
Artificial Intelligence
Ever since generative artificial intelligence shone a light on some of the risks that AI can create, government bodies have been stuck between reasserting how their existing powers apply to the technology and calling for more regulation in a bit of a Peter-Pan-chasing-its-own-shadow trope.
In the U.S., efforts to regulate AI technologies have very much been ubiquitous. Just this year, state legislators have introduced almost 200 AI-focused bills, a 440% increase compared to the previous year, according to a report from the Software Alliance. Out of those, 14 became law.
At the federal level, too, bills have been proposed one after the other to mitigate specific risks posed by the technology, whether it be deepfakes in elections, deceptive practices or the potential for discrimination in employment processes.
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