Driving The Day

Today is February 23, 2024, and here are the key policymaker and stakeholder actions on AI you need to know: Politico reports two nonprofits with ties to the effective altruism movement “are now directly lobbying Washington,” spending nearly $100,000 each on lobbying expenses in the final quarter of 2023. In Georgia, the legislature’s lower chamber passed legislation that would restrict election deepfakes. Meanwhile, the California lawmaker who introduced legislation to regulate advanced AI models discussed his thoughts on AI governance and California’s role in it. Lastly, the head of Saudi Arabia’s sovereign wealth fund argues Saudi Arabia is “fairly well positioned to be an AI hub outside of the U.S.”

In this issue:

• Washington in Focus: An Akin partner argues the SEC’s plan to regulate AI on Wall Street is already outdated.

• Around the Nation: AI election deepfake bills gain ground in New York and other states.

• Across the Pond: The U.K. is trying to compete with U.S. and EU chip manufacturing efforts on the cheap, Politico writes.

• Global Highlights: India's stance on data transfers at WTO spooks chip giants.

• Outside Views: Blackstone CEO Stephen Schwarzman sees peril in “not bright” criminals getting their hands on AI.

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