Employee Benefit News May 18, 2023
On Tuesday, in a Congressional hearing on regulating artificial intelligence that featured the CEO of the company behind ChatGPT, lawmakers and AI experts provided hints at the kind of regulatory regime they would like to see govern the rapidly evolving space.
The hearing focused largely on the impacts of general-purpose AI on society at large, and risks associated with leveraging the technology to advance misinformation campaigns during elections, to manipulating or anticipating public opinion and the risks the technology poses to children.
Some of the testimony touched on what a regulatory regime with oversight over AI might look like and whether existing agencies are sufficient for the job, which would impact the compliance burdens financial institutions face when they leverage...
Today's Sponsors
Today's Sponsor