The U.S. has 1,200 AI bills and no good test for any of them

IBM's Chairman and CEO Arvind Krishna highlighted the challenges of AI regulation in the U.S., emphasizing the need for a balanced approach to avoid excessive bureaucracy while ensuring safety. With 1,200 AI-related bills currently in play, the lack of a cohesive testing framework complicates the regulatory landscape for companies developing AI technologies. Krishna warns that both federal and state-level regulations could hinder America's competitiveness in the global AI race.