Laws regulating the use of artificial intelligence (AI) in the United States vary by state.
This is hindering companies that want to make the most of AI technology and innovation internationally and across borders.
In Utah, for example, lawmakers are considering whether some companies should disclose non-human interactions with customers, Yahoo Finance reports. Connecticut lawmakers are considering regulations that would reduce transparency around so-called “high-risk” AI applications.
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Thirty states are reportedly considering proposed or approved legislation that would impact the use and design of AI technology in some way. These rules aim to protect minors and data disclosure, limit favoritism, and protect people from AI solutions in healthcare, housing, and labor issues. Yahoo Finance's Brian Cave Leighton Paisner attorney Gori Mahdavi said:
It's really disruptive for business. However, there is a high degree of uncertainty.
Experts say the uncertainty stems from a hodgepodge of separate state laws aimed at regulating national challenges and putting responsibility for the lack of federal directives right under the White House's nose. thinking. While the European Union has developed and approved AI laws, China's AI regulations focus on deepfake online content and news.
Based on available data and analysis, the AI market is expected to reach more than $305 billion in 2024. Analysts further predict annual growth in this sector to exceed 15%. On a global scale, the US has the largest AI market.
