News Summary

• Lawmakers declined to stop states from regulating artificial intelligence, but the debate over rules for AI is just beginning.
• In Europe, the EU AI Act imposes guidelines on AI-based systems based on their risk to individual privacy and safety.
• In the US, Congress proposed barring states from enforcing their own rules around AI for a decade, without a national framework in place, until backing off during last-minute negotiations around the big tax and spending bill.
• Some argue that a potential artificial intelligence smarter than humans could pose a massive, existential threat to humanity.