The debacle — and its associated lack of transparency — highlighted the need to regulate AI development, particularly when it comes to security and privacy. Companies are developing their artificial intelligence divisions rapidly and a reshuffling of talent could propel one company ahead of others and existing laws. While President Joe Biden has taken steps to that effect, he has been relying on executive orders, which do not require input from Congress. Instead, they rely on agency bureaucrats to interpret them — and could change when a new president is inaugurated.
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Source: Cryptocurrency - investing.com