AI Oversight Gets Targeted Push in US, Malaysia and UK
PYMNTS.com December 18, 2024
Congress urges industry-specific AI oversight in its first comprehensive framework, while Malaysia launches a National AI Office to steer its tech regulation ambitions. The U.K. joins the effort with proposed copyright reforms, aiming to balance innovation with creative industry protections.
House AI Task Force Seeks Targeted Oversight, Not Sweeping Regulation
A new bipartisan congressional report released Wednesday recommends tailoring artificial intelligence oversight to specific industries rather than implementing broad federal regulations, marking Congress’s first comprehensive framework for addressing AI technology.
The report, produced by the 24-member House Task Force on Artificial Intelligence, outlines an approach where agencies would oversee AI within their existing jurisdictions. For example, healthcare regulators would focus on AI in medical applications, while financial regulators would...