Op-ed: Over 2,000 proposals aim to govern AI. Not a single one addresses a long-term regulatory framework

1 week ago 27

Greggory Disalvo | Istock | Getty ImagesEvery several weeks, we hear reports of mind-expanding new capabilities from the AI community. With excitement and dread, we try to extrapolate what this will mean for mankind and society: speculating which jobs will disappear, which jobs will appear, and when computers will outreason humans. These topics have become part of our everyday conversation.Less noticed, but fundamentally important, is a simultaneous number of government announcements of new regulatory actions. The states have over 1,500 bills under consideration. Congress has hundreds, the executive branch has dozens of executive actions, and market participants have a diverse set of views on how the AI industry should be regulated.I once thought that this AI revolution could be governed by the invisible hand of the market. These nearly 2,000 proposals tell us that is not possible. While many of these proposed policy changes are thoughtful, needed, and a good step forward, they in totality are not sufficient. The common denominator is that they are all focused on a piece of today's problem. Not a single proposal is attempting to establish a durable, comprehensive future-focused reg...

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