February 26, 2026
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Technology

US Chamber of Commerce calls for AI regulation – Software

The US Chamber of Commerce has referred to as for regulation of synthetic intelligence know-how to make sure it doesn’t harm progress or change into a nationwide safety threat, a departure from the enterprise lobbying group’s typical anti-regulatory stance.

Whereas there may be little by way of proposed laws for AI, the fast-growing synthetic intelligence program ChatGPT that has drawn reward for its capacity to jot down solutions shortly to a variety of queries has raised US lawmakers’ issues about its affect on nationwide safety and training.

The Chamber report argues policymakers and enterprise leaders should shortly ramp up their efforts to determine a “risk-based regulatory framework” that can guarantee AI is deployed responsibly.

It added that AI is projected so as to add US$13 trillion (A$20 trillion) to international financial progress by 2030, and that it has made vital contributions corresponding to easing hospital nursing shortages and mapping wildfires to hurry emergency administration officers’ response.

The report emphasised the must be prepared for the know-how’s looming ubiquity and potential risks.

The report asserts that inside 20 years, “just about each” enterprise and authorities company will use AI.

A product of a fee on synthetic intelligence that the Chamber established final yr, the report is partly a recognition of the important position the enterprise neighborhood will play within the deployment and administration of AI, the Chamber stated.

Even because it requires extra regulation, the Chamber is cautious so as to add that there could also be broad exceptions to how regulation is utilized.

“Fairly than attempting to develop a one-size-fits-all regulatory framework, this method to AI regulation permits for the event of versatile, industry-specific steerage and greatest practices,” the report says.

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