Artificial intelligence has brought a revolutionary change to industries, economies, and how the government provides public services. In fact, it has played a large role in making the United States as technologically advanced as it is today, and this can be seen in various sectors such as healthcare, finance, manufacturing, education, and national security.

As AI technologies advance, worries about privacy, misinformation, biases, and other issues have made regulatory measures a necessity. Yet, regulation should not impede innovation. It is necessary to ensure that regulations will not hinder business, academic, and startup innovation through AI technology. America needs an AI regulation policy that will support innovation responsibly without creating undue bureaucracy.

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According to Consegic Business Intelligence, the AI market across the globe will see robust growth in the upcoming years, thus emphasizing the need for a regulatory framework that promotes innovation along with the responsible development of AI technology.

Why is AI regulation necessary?

The fast uptake of AI technologies has brought both opportunities and challenges. AI technologies........

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