White House Says President Biden Urges Congress To Move Swiftly On Bipartisan Artificial Intelligence Legislation
Portfolio Pulse from Benzinga Newsdesk
President Biden has urged Congress to move swiftly on bipartisan artificial intelligence legislation. The White House has not provided further details on the nature of the proposed legislation.
October 31, 2023 | 5:56 pm
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The S&P 500 ETF (SPY) could be impacted by the proposed AI legislation, depending on the specifics of the law. The ETF includes many tech companies that could be affected by changes in AI regulation.
The proposed AI legislation could have a broad impact on the tech sector, which is a significant part of the S&P 500. However, without specifics on the legislation, it's difficult to predict the exact impact on SPY.
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