1. Industry Practices: Current regulations help to make additional progressive approaches to the development and application of Artificial Intelligence. Businesses are beginning to take measures to address the issue by increasing spending on infrastructure, testing and validation of those models to meet compliance.
2. Consumer Protection: Improved regulation gives more and better safeguards to the consumer when they are purchasing goods or services. Meanwhile, users can be assured that the generated content is marked as AI-generated and their personal data is safe. It also fosters increased adoption of the AI technologies as people gain confidence within them.
3. Innovation: By providing a clear regulatory framework, North American policies are fostering innovation. Companies have guidelines to follow, which helps in reducing uncertainty and encourages investment in AI research and development.
4. Global Influence: North American AI regulations are becoming a benchmark for other parts of the globe. As pioneers in AI technology, the measures implemented here are the ones that govern the world, thereby, promoting the uniform route to AI regulation.
Ethical AI Development:AI technologies should be developed taking into account ethical issues and values of society. It’s a way to prevent negative results and such as of bias and discrimination, and so, fair and just AI use is encouraged.
