AI Regulation: Has the Time Arrived? - InformationWeek

Is artificial intelligence getting too smart (and intrusive) for its own good? A growing number of nations have concluded that it's time to take a close look at AI's impact on an array of critical issues, including privacy, security, human rights, crime, and finance. A proposal for an international oversight panel, the Global Partnership on AI, already has the support of six members of The Group of Seven (G7), an international organization comprised of nations with the largest and most advanced economies. The G7's dominant member, the United States, remains the only holdout, claiming that regulation could hamper the development of AI technologies and hurt US businesses. The Global Partnership on AI and OECD's G20 AI principles represent a good first step toward building a worldwide AI regulatory structure, noted Robert L. Foehl, an executive-in-residence for business law and ethics at Ohio University.