Finextra 

By Scott Hamilton 

Aaron Cooper, senior vice president of global policy for BSA, the software industry advocacy organization which includes AI leader Microsoft, Oracle, OpenAI, Salesforce, SAP, and most other major tech firms among its members, agreed. “There’s a lot of similarity” between how the Trump and Biden administrations have approached AI policy, he said. In fact, he counsels political and other observers to temper their expectations of wide disparities between actions likely to be taken regarding AI usage and guidance by either side should they win the presidency next month. 

“Regardless of who’s in the White House, they’ll be looking at how we can unleash the most good from AI while reducing the most harm,” Cooper added, “That sounds obvious, but it’s not an easy calculation.” 

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Original Posting: https://www.finextra.com/the-long-read/1165/us-2024-election-how-ai-policy-differences-will-impact-financial-institutions-and-fintechs