Gold Financial reports that US White House Artificial Intelligence and Cryptocurrency Advisor Saks defends the President Trump’s move to restrict state-level regulation of artificial intelligence, saying that the measure aims to reduce the growing compliance burden on businesses. Saks stated that, according to an order signed by Trump on Thursday, the government is working with Congress to develop common standards for regulating this emerging technology. Currently, the development of AI models can be carried out in multiple states, each with its own regulatory standards. In an interview, Saks said, “Fifty states acting independently make compliance difficult for small businesses and startups, especially for innovators. What we need is a single federal or national-level AI regulatory framework.”
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White House "Crypto and AI Tsar" endorses Trump's AI regulations, claiming they aim to ease the compliance burden on businesses
Gold Financial reports that US White House Artificial Intelligence and Cryptocurrency Advisor Saks defends the President Trump’s move to restrict state-level regulation of artificial intelligence, saying that the measure aims to reduce the growing compliance burden on businesses. Saks stated that, according to an order signed by Trump on Thursday, the government is working with Congress to develop common standards for regulating this emerging technology. Currently, the development of AI models can be carried out in multiple states, each with its own regulatory standards. In an interview, Saks said, “Fifty states acting independently make compliance difficult for small businesses and startups, especially for innovators. What we need is a single federal or national-level AI regulatory framework.”