10 policy principles needed for artificial intelligence

New policies need to be created for artificial intelligence (AI) in order to govern its use while allowing for innovation, according to the US Chamber's Technology Engagement Center and Center for Global Regulatory Cooperation. "The advent of artificial intelligence will revolutionize businesses of all sizes and industries and has the potential to bring significant opportunities and challenges to the way Americans live and work, said Tim Day, senior vice president, Chamber Technology Engagement Center, in a press release. The principles, "serve as a comprehensive guide to address the policy issues pertaining to AI for federal, state, and local policymakers." The chamber also endorsed the Organization for Economic Co-operation and Development's recommendations for AI. "As leaders in the development and use of AI, the U.S. business community has a strong interest in supporting a global AI ecosystem," said Sean Heather, senior vice president of International Regulatory Affairs, US Chamber of Commerce.