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The upcoming 2024 US presidential election will have a significant impact on the regulation of emerging technologies, particularly artificial intelligence (AI). The next president will play a crucial role in shaping the regulatory framework for AI, which will have far-reaching implications for businesses and individual users.
Vice President Kamala Harris and former President Donald Trump have differing approaches to navigating the complexities of emerging technology. Vice President Harris aims to continue and strengthen the Biden administration’s efforts in governing transformative technologies like AI, focusing on protecting citizens from potential harms and positioning the US as a global leader in responsible innovation.
On the other hand, former President Trump plans to reduce overregulation in the American tech industry to encourage innovation and competition, suggesting that current regulations are playing into China’s hands. His approach involves giving tech innovators more freedom to create and compete without stringent regulations.
As the pace of technological change accelerates, the candidates’ positions on tech policy are crucial. Vice President Harris prioritizes responsible innovation, safety, transparency, and accountability in AI development, while also advocating for stricter data privacy protections for consumers.
Former President Trump, on the other hand, aims to repeal current AI regulations and promote innovation rooted in free speech and human flourishing. His approach is more hands-off, with less government oversight in the tech industry.
The candidates also diverge on issues such as combating AI bias, regulating digital currencies, and addressing cybersecurity threats. Vice President Harris emphasizes the importance of protecting consumers, rooting out illicit activity in digital currencies, and strengthening government responses to cyberattacks.
In contrast, former President Trump takes a more laissez-faire approach to digital assets and cybersecurity, prioritizing innovation and competition over heavy-handed regulations.
The outcome of the 2024 presidential election will have a significant impact on the future of AI governance, tech policy, and the tech industry as a whole. It remains to be seen how each candidate’s approach will shape the regulatory landscape and the direction of technological innovation in the US.