AI regulation is in the works: What you need to know
AI's rapid growth fuels debates on its merits and dangers. Consumers see AI's utility but worry about job loss, fraud, and abuse, urging federal oversight. This article reviews US initiatives for AI regulation, including the Select Committee on AI, National AI Initiative Office, and various legislative acts. It also references the EU's AI Act.
Public opinion is divided on AI's impact, but there's a consensus on the need for regulation, with concerns about scams, privacy, and misinformation.
Read the full article here for an in-depth view of AI regulation and consumer attitudes.