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SEP 11, 2023 | US

America Leads The World in AI–But We Could Fall Behind on AI Regulation By The End of 2023

Fortune, September 11, 2023

By Victoria Espinel

Enterprise software companies–the makers of AI systems–began calling for U.S. legislation nearly two years ago–and the need to act only continues to grow more urgent.

There are fundamental objectives on which everyone should agree: AI, in any form, should not be used to commit illegal acts. It should not be used to compromise privacy, facilitate cyberattacks, exacerbate discrimination, or create physical harm. AI that is developed and deployed responsibly, improves our lives, and makes us safer should flourish.

Congress should take advantage of the considerable work that governmental organizations, civil society advocates, and industry groups have already put into identifying the risks of using AI in various contexts and the concrete steps organizations can take to mitigate those risks. Although these proposals have important differences, they collectively form a basis for action.

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This op-ed was also featured on MSN.com, AOL.comAxios AI+, and Fortune CEO Daily.

Original Posting: https://fortune.com/2023/09/11/america-leads-world-artificial-intelligence-fall-behind-ai-regulation-2023-tech-victoria-espinel/

ABOUT BSA

The Business Software Alliance (www.bsa.org) is the global trade association of the enterprise software industry, representing companies that are leaders in artificial intelligence, cybersecurity, cloud computing, quantum, and other breakthrough technologies. We work in over 20 markets in the US, Europe, and Asia, advocating for policies that build trust in technology so that every industry sector and the public can benefit from innovation. 

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