The EU AI Act is near. US AI regulation is coming. Here’s what you need to know | The AI Beat

VentureBeat June 21, 2023
Sharon Goldman

Six months after ChatGPT became an overnight success, The U.S. and the EU are racing to develop rules and draft laws to address both the benefits and risks of generative AI.

These days, the news on AI regulation efforts is piling up so fast that it’s hard to keep track. But now is definitely the time to perk up and pay attention — because AI regulation is coming, whether organizations are ready for it or not.

Companies are certainly champing at the bit to take advantage of generative AI: According to a new McKinsey study, generative AI’s impact on productivity could add trillions of dollars in value to the global economy. But there are also a host of risks tied...

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