PYMNTS.com September 11, 2023
U.S. lawmakers are hitting the ground running on creating an artificial intelligence (AI) policy.
Big Tech companies are rushing to prove that they can get there first — and do the most — with effective self-regulation.
After all, failure to ensure that AI products are safe and compliant will undermine both AI’s progress and its promise.
Consumers and business decision-makers are hearing all about the perils and pitfalls of AI on the news, and the marketplace success of today’s AI platforms may very well hinge on effective self-governance in the absence of federal guardrails.
If or when federal regulation does roll out, those companies with the least exposure to liability will be the ones that are best...
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