Navrina Singh stresses the need for AI regulation

AI Regulation

The White House AI advisor and founder and CEO of Credo AI, Navrina Singh, discussed the growing importance of AI regulation as the technology becomes more pervasive in various sectors. In a recent interview, Singh noted that 56% of Fortune 500 companies identified AI as a risk factor in their most recent annual reports, a significant increase from 2022. Singh emphasized the need for establishing guardrails for powerful AI systems, both for enterprises and policymakers.

She highlighted the necessity of a robust governance framework to manage the potential misuse of AI, particularly in combating election misinformation. “The debate around AI policies is bringing significant focus on what a good governance framework looks like,” Singh said. As companies develop powerful foundational AI models that could lead to massive misinformation or cyber-attacks, thinking about regulatory guardrails is imperative.

Singh advocates for AI governance

With the upcoming presidential election, Singh believes AI will be a critical point of discussion, regardless of political power shifts. “This is going to be a core agenda for all legislatures across the globe,” she predicted.

For investors, AI governance should be a priority since a secure and responsible framework will ensure that AI investments pay off. Singh observed that companies using Credo AI’s software have been able to build trust, acquire new customers faster, and retain existing ones. Navrina Singh’s insights underline the necessity for coherent AI regulation as technology continues to integrate deeply into various sectors.

It is imperative for both businesses and policymakers to prioritize governance frameworks to ensure the responsible use of AI and mitigate potential risks.

Feeling stuck in self-doubt?

Stop trying to fix yourself and start embracing who you are. Join the free 7-day self-discovery challenge and learn how to transform negative emotions into personal growth.

Join Free Now

Picture of Emily Parker

Emily Parker

Emily Parker is the dynamic force behind a groundbreaking startup poised to disrupt the industry. As the founder and CEO, Emily's innovative vision and entrepreneurial spirit drive her company's success.

RECENT ARTICLES

TRENDING AROUND THE WEB

10 subtle habits that are quietly destroying your ability to focus, according to psychology

10 subtle habits that are quietly destroying your ability to focus, according to psychology

Global English Editing

If your so-called friends only call you in crisis, they might be using you—watch out for these 8 unmistakable red flags

If your so-called friends only call you in crisis, they might be using you—watch out for these 8 unmistakable red flags

Small Business Bonfire

10 daily habits of lower middle class people who will never be rich

10 daily habits of lower middle class people who will never be rich

Small Business Bonfire

7 small habits that instantly make you look like you’re lower-middle class

7 small habits that instantly make you look like you’re lower-middle class

Global English Editing

8 phrases people use when they’re trying to sound smart but actually aren’t

8 phrases people use when they’re trying to sound smart but actually aren’t

Global English Editing

7 things a narcissist will do when they realize you’re not an easy person to manipulate

7 things a narcissist will do when they realize you’re not an easy person to manipulate

Global English Editing