Who will win the race for AI regulation?

Who will regulate AI?

Summary.

Governments around the globe are vying to be the first to regulate AI as businesses and governments try to understand the impact of powerful AI systems. Businesses should focus on who will win the race rather than how or when AI regulation will take place. Congress, the European Commission or China or even U.S. state or court courts will determine the pace and trajectory of AI’s transformation of global economy. This could protect some industries or limit the ability of companies to interact directly with customers.

Page-utils class= article-utils–vertical hide-for-print data-js-target= page-utils data-id= tag: blogs.harvardbusiness.org, 2007/03/31:999.357112 data-title= Who Is Going to Regulate AI? data-url=/2023/05/who-is-going-to-regulate-ai data-topic= Government policy and regulation data-authors= Blair Levin; Larry Downes data-content-type= Digital Article data-content-image=/resources/images/article_assets/2023/05/May23_28_5389503-383×215.jpg data-summary=

As governments compete to set the pace for regulation and influence the growth of this technology, they are grappling with the implications of the powerful AI systems.

Source:
https://hbr.org/2023/05/who-is-going-to-regulate-ai?ab=hero-main-text

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