Regulation of AI Should Reflect Current Experience The Regulatory Review

Federal guidance on artificial intelligence needs additions to ensure the U.S. has a seat at the international table. The rapid proliferation of applications of artificial intelligence and machine learning--or AI, for short--coupled with the potential for significant societal impact has spurred calls around the world for new regulation. The European Union and China are developing their own rules, and the Organization for Economic Cooperation and Development has developed principles that enjoy the support of its members plus a handful of other countries. In January, the U.S. Office of Management and Budget (OMB) also issued its own draft guidance, ensuring the United States a seat at the table during this ongoing, multi-year, international conversation. The U.S. guidance--covering "weak" or narrow AI applications of the kind we experience today--reflects a light-touch approach to regulation, consistent with a desire to reward U.S. ingenuity.