"Lawmakers Propose 'Blue-Ribbon' AI Commission" - Washington Post
Portfolio Pulse from Happy Mohamed
A bipartisan group of lawmakers is proposing a federal commission to develop a strategy for regulating artificial intelligence (AI). The commission would consist of 20 people from government, industry, civil society, and computer science, and would issue three reports over two years with recommendations for mitigating AI risks while protecting US tech innovation.
June 20, 2023 | 1:08 pm
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The proposed AI commission could lead to new regulations affecting companies in the technology sector, potentially impacting the overall market and the SPY ETF.
The proposed commission aims to develop a strategy for regulating AI, which could lead to new regulations affecting companies in the technology sector. While the commission's recommendations may not directly target specific companies, the potential regulatory changes could impact the overall market and the SPY ETF, which tracks the S&P 500 index. However, the impact is uncertain as the commission's recommendations are yet to be made and the regulatory changes may take time to be implemented.
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