What an American Approach to AI Regulation Should Look Like

As the world grapples with how to regulate artificial intelligence, Washington faces a unique dilemma: how to secure America's position as the global AI leader, while guarding against AI's possible risks? Although any country seeking to regulate AI must balance regulation and innovation, this task is especially hard for the United States because we have more to lose. The United Kingdom, European Union, and China all have formidable AI companies, but U.S. firms dominate the field, propelled by our uniquely open innovation ecosystem. This dominance was on display recently, which saw OpenAI release Sora, a powerful new text-to-video platform, and Google introduce Gemini 1.5, its next-generation AI model that can absorb requests more than 30 times the size of its predecessor. If these trends continue, and AI proves the game-changer that many expect--surrendering U.S. leadership is not an option.