Governments across the globe are examining AI and AI regulation as 2023 made it clear that businesses of all kinds are making heavy investments and advancements in AI technology. While the White House has put out a "Blueprint for an AI Bill of Rights," there are still questions around how effective the US government and governments around the world will be at regulating AI. Tom Davenport, Babson College President’s Distinguished Professor of Information Technology and Management, joins the Live show for Yahoo Finance AI Revolution, to discuss adoption of AI and AI regulation across the globe. When asked about the US and its potential for regulation, Davenport comments: "How do you transform the current operations of the US government? That's an issue we're all wrestling with every day. As I say, I don't see that happening at a federal level, and it will, I think, be somewhat chaotic if individual states and even cities start to pass AI legislation. So I kind of think regulation in the United States is a lost cause, but I do think there are some potentials for the AI act having an influence on US-based companies. " For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

Read more --->