AI Regulation and Governance Discussed Ahead of 2024 Election

The upcoming U.S. presidential election is poised to significantly impact the regulation of artificial intelligence (AI) in healthcare, with Vice President Kamala Harris advocating for more oversight while former President Donald Trump favors deregulation. Trump's potential election could stall or dismantle current initiatives aimed at ensuring safe AI practices in the health sector, as the Biden administration prepares to announce a regulatory plan by January. Meanwhile, industry leaders emphasize the need for standardized frameworks to govern AI use for patient safety and outcomes. The conversation around AI also extends to its role in political engagement, with concerns about misinformation and the ethical implications for businesses as AI transforms voter interaction. Events like the IIT Bay Area Leadership Conference highlight the dual-edged nature of AI's rise, focusing on its potential benefits and the necessary shifts in governance and data management. Overall, the intersection of AI and politics is critical for entrepreneurs to navigate as regulatory landscapes evolve.