U.S. Senate's Schumer After AI Forum: If You Go Too Fast You Can Ruin Things, The EU Went Too Fast
Portfolio Pulse from Benzinga Newsdesk
U.S. Senate's Schumer commented on the pace of AI development, suggesting that moving too fast can lead to negative outcomes. He cited the European Union as an example of an entity that moved too quickly in this area.
September 13, 2023 | 5:38 pm
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Schumer's comments on AI development pace may indirectly affect companies in the SPY ETF, particularly those involved in AI.
While Schumer's comments do not directly target any specific company, they could potentially influence regulatory attitudes towards AI. This could indirectly affect companies in the SPY ETF that are involved in AI, potentially leading to increased scrutiny and regulatory hurdles.
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