August 24, 2024

AI Regulation: Regulators Call for Balance as Businesses Embrace GenAI

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As businesses embrace generative artificial intelligence (AI), regulators and industry groups are scrambling to keep pace, calling for balanced oversight that fosters innovation while managing risks.
From financial services to aviation, experts argue that existing regulatory powers could be leveraged to govern AI applications, potentially sidestepping the need for sweeping new legislation in the short term.

Regulators Call for Balance as Businesses Embrace GenAI (pymnts.com)

RegulatingAI, a non-profit organization, is dedicated to establishing a platform for grassroots advocacy concerning artificial intelligence (AI) regulation. We serve as a bridge connecting AI experts, researchers, corporations, NGOs, academicians, students, and enthusiasts. RegulatingAI is committed to harnessing the power of shared knowledge to construct a responsible and ethical AI ecosystem.