Governments that have helped bring new technology advancements to market thus far have prioritized innovation above regulation.
No country is more so than the United States, particularly in light of the rise of generative AI, which supporters claim would usher in a new era of information-driven productivity and efficiency.
As part of the AI-ID-sponsored “TechReg Talks” series, Professor Cary Coglianese, the Edward B. Shils Professor of Law and Professor of Political Science at the University of Pennsylvania Law School and the founding director of the Penn Program on Regulation, said: “Trying to regulate AI is a little like trying to regulate air or water.”
Fortunately, air and water are already under control in the majority of advanced market economies. But much as with air and water, artificial intelligence has unique characteristics that call for specialized monitoring techniques.
Coglianese asserts that regulating AI will be a challenging task that varies depending on the kind of algorithm and its uses.
“It’s not just one thing,” he continued, adding that “a single piece of law” will not be able to address the issues associated with AI. “Regulators — and I do mean that plural, we will need numerous regulators — they must be nimble, adaptable, and alert.