Regulating AI for ten years in ‘big, beautiful bill' no help: Tech expert
(NewsNation) — With discussions taking place about Donald Trump's proposed 'big, beautiful bill', the topic of artificial intelligence has become a hot button for Republicans.
Paul Powers, technology cybersecurity expert and CEO of an AI company, says Republicans are right for pushing back on the legislation not allowing states to regulate AI for ten years.
'It's very significant,' he said. 'I think regulation is the wrong approach to AI in general anyway. You're talking about solving a problem through regulatory measures. But it's not through policy that you're solving the issue that you have with AI.'
AI disrupting entry-level job market for college graduates: Report
Marjorie-Taylor Greene this week made it abundantly clear that she is against the proposed regulations, saying she is 'pro-humanity, but not pro trans-humanity.' Powers points out it's easy to understand what's behind her thinking.
'Whether it's state regulation or federal regulation, adding regulation is just going to slow us down in a moment when the U.S. can't afford to lose to China,' said Powers.
Musk calls for killing House's 'big, beautiful bill'
Powers acknowledged that investing in companies that create safe AI might be an easier avenue for the U.S. as opposed to the regulations, despite its capability of being dangerous and having unintended consequences.
'It's not so much that we need new regulations,' he added. 'There are plenty of laws. What we need is a way to enforce those laws. And the way you do that isn't passing more laws.'
Powers also said he feels the U.S. is slightly ahead of China in the race when it comes to artificial intelligence and that AI itself is improving and growing at a very fast rate.
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