Tech Leaders Urge Caution on AI Regulation Despite Past Calls for Oversight
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Tech leaders like Box CEO Aaron Levie once called for AI regulation but now urge caution and taking time to get it right. Levie believes sweeping AI regulation in the US is unlikely to happen.
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Europe has already adopted some AI regulations but Levie argues this could stifle innovation. He says the tech industry lacks consensus on what AI regulation should entail.
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The message Levie heard in Washington is not to rush AI regulation. New bills keep emerging but it's unclear what impact they will really have.
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The White House published a "non-binding" AI Bill of Rights last year outlining desired user rights and AI principles. But this wish list would apply broadly across tech, not just AI.
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Senators say they don't want to repeat past mistakes failing to properly regulate social media. But there's nothing stopping them from passing laws now to curb ongoing issues like privacy violations.