ANGELA HUYUE ZHANG
While critics of decentralized technology regulation warn of higher compliance costs for businesses, Chinese-style centralization is hardly preferable. In fact, not only do regulatory patchworks tend to converge, but they also provide the flexibility that rapid technological change demands.
LOS ANGELES – It is widely assumed that America is “deregulating” AI, and it’s not hard to see why. The Trump administration has rescinded President Joe Biden’s AI executive orders and unveiled an “AI Action Plan” promising to “dismantle unnecessary regulatory barriers.” When Vice President JD Vance attended the Paris AI Action Summit back in February, he warned Europeans that “excessive regulation” would cripple their AI industry.
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