Why did the Senate reject the AI regulation ban?

The Senate rejected the proposed 10-year moratorium on state AI regulations due to concerns about preventing states from regulating a possibly disruptive technology. Some senators believed the ban would be a giveaway to large corporations and hinder accountability for harmful AI algorithms.

What was the proposed AI regulation ban?

The proposed ban was a 10-year federal moratorium on state regulation of artificial intelligence models. Big Tech companies supported it, arguing that it would prevent inconsistent, state-by-state rules that could stifle innovation.

What are the potential implications of states regulating AI?

Allowing states to regulate AI could lead to a patchwork of different regulations across the country. While some argue this could hinder innovation, others believe it is necessary to ensure accountability and protect the public from potential harm caused by AI systems.

What is agentic AI, and how is it being adopted?

Agentic AI refers to AI systems that can autonomously complete tasks and take actions without human involvement. While most CFOs are familiar with agentic AI, only a small percentage are actively considering implementing it, indicating skepticism about its ethical use and potential outcomes.

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AI regulation

Q: Who opposed the AI regulation ban?

The AI regulation ban faced opposition from some Republican senators, civil society groups, academic institutions, artists, and technology workers. senator John Hawley (R-Mo.) called it a 'terrible policy' and a 'huge giveaway to some of the worst corporate actors.'

World

Broken AI policy undermines UK promises on regulation

by Priya Shah – Business Editor September 5, 2025

written by Priya Shah – Business Editor

UK AI ⁢Regulation ⁣faces Scrutiny as Public Demands Oversight, Businesses Seek Clarity

LONDON – Calls‌ for robust AI regulation are intensifying ⁢in the UK, with new polling revealing overwhelming public support for a dedicated regulator and statutory powers to ⁣oversee the rapidly ‌evolving technology. The push for ⁣clearer rules comes as ministers grapple with balancing innovation and safety, and businesses cite regulatory uncertainty as a drag on growth, despite ‌recent optimism regarding the UK’s attractiveness as a tech hub.Shadow Technology Secretary Peter Kyle recently advocated for changes to proposed AI regulations to ‍better support UK businesses, acknowledging the current lack of preparedness. “I don’t think we’re ready today. I don’t ⁣think we’re even close,” Kyle stated on the ControlAI podcast, echoing concerns⁣ voiced by OpenAI co-founder Sam Altman who warned⁤ of potentially⁣ catastrophic risks from unchecked AI advancement.

Recent YouGov polling demonstrates importent public appetite for‌ oversight: 79% of Brits support⁣ the creation of a UK AI regulator.⁢ The survey ⁤further revealed 96% want audits of powerful AI systems, 90% back pre-approval before training “frontier models,” and 95% desire⁢ the‍ authority to shut down unsafe AI. Notably, only 9% of the public trust tech executives to prioritize national safety concerns.

The existing Artificial Intelligence Safety Institute (AISI), launched by the ⁢previous Conservative government, enjoys broad public support – with 75% backing statutory ⁣regulatory powers – but currently operates without such authority. This reflects a broader tension between the UK’s ambition to be⁤ a ‍global AI innovation hub and the politically sensitive task of implementing thorough legislation.

Ben Bilsland of ‌RSM UK cautioned that while⁣ streamlining approvals is welcome, “there’s ⁢danger ‍of overselling what AI can deliver.Regulators need the resources and independence to use these tools‍ responsibly.” Despite this uncertainty, a ‌Barclays⁤ survey ⁣found 62% ⁤of ⁣executives now view the UK as a more attractive base for their businesses than Europe.

September 5, 2025 0 comments

Technology

The story of Google Korea’s first PM is a member of the National Assembly

by Rachel Kim – Technology Editor August 12, 2025

written by Rachel Kim – Technology Editor

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Seoul, South Korea – October 26, 2023 – Amidst global economic uncertainty and rapid technological shifts, a new wave of entrepreneurial opportunity is emerging, particularly within the bio-agriculture and agricultural technology (AgTech) sectors. Experts are urging product managers (PMs) to leverage this moment, emphasizing the importance of establishing a strong domain expertise and a compelling narrative for success.

The current climate, often described as a period of disruption, presents a fertile ground for startups. Areas like precision farming, vertical agriculture, and bio-engineered crop solutions are experiencing increased investment and demand. However, success hinges on a fundamental principle: a relentless focus on the user. According to industry analysts at Wishket, a leading freelance platform, the role of the PM is evolving to become increasingly akin to that of a CEO, requiring a holistic understanding of the market and a clear vision for product growth.

This isn’t simply about responding to stated customer needs, but anticipating unarticulated desires.The core of effective product management, experts say, lies in achieving “product insight” – a deep understanding of the underlying problems users face, even before they themselves recognize them.

The story of Google Korea’s first PM is a member of the National Assembly

The concept of product insight is famously illustrated by Steve Jobs, who often referenced Henry Ford’s observation: “If I had asked people what they wanted, they would have said faster horses.” This anecdote, detailed in Walter Isaacson’s biography *Steve Jobs*, highlights the danger of solely relying on customer feedback. Jobs believed that true innovation comes from understanding the fundamental need – in Ford’s case, faster transportation – rather than simply improving existing solutions.

The key, as explained by industry thought leaders, is to shift the question from “How can we make a better [existing product]?” to “What problem are we truly solving?” Such as, instead of asking “How can we make a better smartphone?”, a product manager with insight might ask, “how can we better connect people and data?”

“The moment of product insight is fleeting and uniquely felt by the product manager,” emphasizes Noh Hee-sun, editor at IT These Days. “It’s a convergence of user research, market analysis, and a deep understanding of the technology at hand. It’s the spark that ignites truly innovative products.” Recent examples include the development of drone-based crop monitoring systems by companies like PrecisionHawk (based in Cary, North Carolina) and the rise of indoor vertical farms like Plenty (San Francisco, California), both addressing critical needs in the agricultural sector.

Noh Hee -sun Editor

August 12, 2025 0 comments

World

European Commission Won’t Delay Implementation of AI Act

by Priya Shah – Business Editor July 5, 2025

written by Priya Shah – Business Editor

The AI Act’s rules will be implemented according to the schedule included in the legislation, Reuters reported Friday, citing comments at a press conference by Commission spokesperson Thomas Regnier.

“I’ve seen, indeed, a lot of reporting, a lot of letters and a lot of things being said on the AI Act,” Regnier said, according to the report. “Let me be as clear as possible, there is no stop the clock. There is no grace period. There is no pause.”

The Commission will adhere to the deadlines in the AI Act, including the August 2025 implementation of obligations for general-purpose AI models and the August 2026 launch of obligations for high-risk models, Regnier said, per the report.

Some tech companies had urged the Commission to delay the implementation of the AI Act by years, saying they are concerned about its compliance cost and complexity, according to the report.

In a Friday post on LinkedIn that included a video with some of these remarks, Regnier also wrote that the Commission takes AI companies’ concerns “extremely seriously.”

Regnier added that the commission will address some of these concerns by preparing a Digital Simplification Omnibus package; discussing the timing for the implementation of a Code of Practice, with the end of the year being considered; and setting up an AI Act Serve Desk that will help companies and offer them clear guidance.

He also said in the post that the Commission wants to “provide everything our industry needs to make Europe a leader in AI: infrastructure, data, computing power, talent and, of course, clarity and legal certainty.”

It was reported Thursday (July 3) that some tech companies had cited the Commission’s delay in the publication of its Code of Practice as a reason why the implementation of the AI Act should be delayed.

The General-Purpose AI Code of Practicewhich is meant to help companies comply with the AI Act, was originally scheduled to be released in May but may now be delayed until the end of the year.

The AI Act came into force on Aug. 1, 2024, establishing the world’s first comprehensive regulatory framework for AI and setting new compliance standards for businesses worldwide, PYMNTS reported at the time.

July 5, 2025 0 comments

World

AI Regulation: Senate Blocks 10-Year State Ban

by Priya Shah – Business Editor July 1, 2025

written by Priya Shah – Business Editor

US Senate Rejects Federal Ban on State AI Regulation

Table of Contents

US Senate Rejects Federal Ban on State AI Regulation

In a significant move, the U.S. Senate has overwhelmingly voted against a proposal that would have prohibited states from regulating artificial intelligence (AI) for a decade [1]. The vote, wich occurred in the early hours of Tuesday, July 1, 2025, saw senators reject the measure by a wide margin, effectively removing it from President Trump’s tax and spending bill [2].

big Tech’s Defeat: Concerns Over AI Innovation and State Rights

The proposed moratorium was backed by major technology companies who argued that a uniform federal approach would foster innovation by preventing a fragmented landscape of state-level regulations. These companies feared that differing AI rules across states could create compliance challenges and stifle the development of new AI technologies.

However, the Senate’s decision reflects growing concerns about the potential risks associated with unregulated AI and the importance of allowing states to address these risks within their own jurisdictions. Critics of the ban argued that it would have stripped states of their ability to protect their citizens from potential harms caused by AI systems, such as algorithmic bias or privacy violations.

Did You Know? According to a 2024 report by the Brookings Institution, over 30 states have already introduced or enacted legislation related to AI, demonstrating a clear interest in shaping the future of AI governance at the state level [1].

Key Players and Their Stances

Senator John Thune (R-S.D.), the Senate majority Leader, expressed his desire for the U.S. to lead in AI and other emerging technologies, advocating for a “light touch” from the government. Though, this view was not universally shared within his own party.

Senator John Hawley (R-Mo.) strongly opposed the ban, calling it “terrible policy” and a “huge giveaway to some of the worst corporate actors out there.” His concerns were echoed by a coalition of civil society groups, academic institutions, artists, and technology workers who actively campaigned against the moratorium, arguing that it would shield companies from accountability even if their AI systems caused foreseeable harm.

Pro Tip: Stay informed about AI policy developments at both the federal and state levels. Organizations like the National Conference of State Legislatures (NCSL) provide valuable resources and updates on AI-related legislation.

The Future of AI Regulation: A State-by-State Approach?

With the federal moratorium rejected, states are now free to pursue their own AI regulatory frameworks. This could lead to a complex and varied landscape, with some states adopting strict regulations while others take a more hands-off approach. The long-term implications of this decentralized approach remain to be seen.

One potential challenge is the creation of a “regulatory patchwork” that could make it difficult for companies to operate across state lines. though, proponents of state-level regulation argue that it allows for more tailored and responsive policies that can address the specific needs and concerns of individual communities.

Agentic AI: Skepticism Among cfos

In related AI news, a recent report from PYMNTS Intelligence reveals growing skepticism among chief financial officers (CFOs) regarding agentic AI, which refers to AI systems capable of autonomously completing tasks. While nearly all CFOs are familiar with agentic AI, only 15% are considering its implementation, highlighting concerns about its ethical implications and the validity of its outcomes.

Companies are primarily in the evaluation and trial phases, indicating a cautious approach to adopting agentic AI. This suggests that while AI is a prominent topic, it has not yet become a widespread fixture in the business world.

AI Regulation Proposal	Senate Vote	Key Argument For	Key Argument against
10-Year Federal Moratorium on State AI Regulation	Rejected	Promotes innovation by preventing inconsistent state rules.	Strips states of their ability to protect citizens from AI harms.

What are your thoughts on state versus federal regulation of AI? How can we ensure responsible AI development and deployment? Share your comments below.

Evergreen insights: The Evolving Landscape of AI Regulation

The debate over AI regulation is part of a broader discussion about the ethical and societal implications of artificial intelligence. As AI technologies become more complex and pervasive, policymakers, researchers, and the public are grappling with questions about accountability, clarity, and fairness.

Historically,the regulation of new technologies has often been a complex and iterative process,with governments and industry stakeholders working to strike a balance between fostering innovation and mitigating potential risks. The current debate over AI regulation reflects this ongoing tension.

Frequently Asked Questions About AI Regulation

Why is AI regulation important?

AI regulation is important to ensure that AI systems are developed and deployed in a responsible and ethical manner, protecting individuals and society from potential harms.

What are the potential benefits of AI regulation?

Potential benefits include increased accountability, transparency, and fairness in AI systems, as well as the mitigation of risks such as algorithmic bias and privacy violations.

What are the potential drawbacks of AI regulation?

potential drawbacks include stifling innovation, creating compliance challenges for businesses, and hindering the development of beneficial AI applications.

Disclaimer: this article provides general information and should not be considered legal or financial advice.Consult with a qualified professional for specific guidance.

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July 1, 2025 0 comments