From code to conduct: The role of regulation in responsible AI development

Breakthroughs in artificial intelligence (AI) are coming at an accelerating pace and, with them, immense economic and societal benefits across a wide range of sectors. AI’s predictive capabilities along with the automation it enables aids in operational optimization, resource allocation, and personalization applications. However, AI’s benefits are accompanied by growing concerns about potential misuse that must be addressed to ensure public safety and trust in this revolutionary technology. Regulations are needed to ensure that AI is developed and deployed in ways that align with societal values, safety principles, and ethical standards.