The article also discusses the potential for increased activity at the state level, particularly in California, if the federal government continues to take a lighter touch on AI policy. It also suggests that the lack of federal AI regulation is an "embarrassing oversight" and that the incoming administration will not have any excuses for inaction. The AI industry is expected to have draft legislation ready to suggest to senators. The article concludes by stating that any law, even an industry-friendly one, is better than no law when it comes to AI.
Key takeaways:
- Experts predict that President Biden's AI policies, including his 2023 executive order, are likely to be scrapped once Donald Trump begins his second term.
- Industry's role in AI regulation is expected to grow under the Trump administration, with a more hands-off approach that follows market trends.
- Despite the lack of federal AI regulation, there is expected to be increased activity at the state level, particularly in California.
- Any AI regulation under the Trump administration is likely to focus on clarifying liability in an industry-friendly way, with doubts over the inclusion of strong consumer protections.