US Senate panel wants tough measures to fence in AI but risks America’s tech edge

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A Senate Judiciary subcommittee hearing met to consider ways to regulate artificial intelligence. Read more at straitstimes.com.

The most notable instance in recent times was whenin March this year to address concerns that China had pervasive influence over the platform.

But if the US over-regulates the sector, it might lose its edge to nations like Singapore, the Senate heard from an expert testifying at the hearing. Next to the Republican proposal on Tuesday to impeach President Joe Biden, regulating AI is now the hottest topic on Capitol Hill. At Tuesday’s hearing, Mr Dally said the participation of every major power was essential to create effective AI regulations.

Senators said there is a deep hunger for safeguards that encourage trust in AI. “There will be regulation; the question is how soon and what,” said Senator Richard Blumenthal, a Democratic lawmaker from Connecticut and chair of the subcommittee. In enacting rules governing AI, the US lags many nations. The European Union is in the final stages of passing a comprehensive AI law while China has issued sweeping oversight measures, including rules for generative AI, which came into effect in August. Asean is also in the midst of drawing up an AI guide for release in early 2024.

 

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