Driving The Day

Today is July 18, 2024, and here are the key policymaker and stakeholder actions on AI you need to know: In Washington, the House Financial Services Committee released a bipartisan report urging regulatory agencies to “ensure they're addressing risks posed by artificial intelligence.” In Texas, legislators are planning a wide-ranging AI bill that could include rules similar to legislation recently passed in Colorado. Meanwhile, Meta announced it will not release its forthcoming multimodal AI model in the EU due to “the unpredictable nature of the European regulatory environment.” Lastly, Politico reported that an expected U.N. report on AI governance “makes the case for unified global AI governance.”

In this issue:

• Washington in Focus: According to one poll, a large majority of voters believe Congress shouldn’t fund AI innovation until it passes AI consumer protection.

• Around the Nation: South Carolina’s AI blueprint reveals how it will leverage AI.

• Across the Pond: Ukraine rushes to create AI-enabled war drones.

• Global Highlights: Meta decides to suspend its generative AI tools in Brazil.

• Outside Views: A Bloomberg economist argues AI may lift the market but not U.S. workers.

Read these stories and more below: