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While much attention is being paid to ways to harness the power of AI, equally important are questions of safety and transparency, and the balance of collaboration between government and industry to advance strategic leadership in the global AI race.
While much attention is being paid to ways to harness the power of AI, equally important are questions of safety and transparency, and the balance of collaboration between government and industry to advance strategic leadership in the global AI race.
Swimming against the tide, and seeking to diverge from the EU’s regulatory agenda and the EU AI Act , the UK announced a light-touch ‘pro-innovation approach’ in its July 2022 AI regulation policy paper. There needs to be an appropriate balance between the assessment of risk and benefit ’ (at 5).
The federal funds rate is the interest rate at which depository institutions trade federal funds (balances held at Federal Reserve Banks) with each other overnight.” [50] As part of this, in a February 2023 whitepaper released by Former Fed. On February 1, the FOMC announced the current federal funds rate range of 4.5
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