Governments face a delicate balance in regulating generative AI to prevent stifling innovation or allowing disruptive threats like deep fakes and misinformation. Both malicious actors and defenders can leverage generative AI's capabilities.
Diverse approaches exist in AI regulation, from the EU's comprehensive rules to the U.S.'s framework guidance. Overregulation risks stifling AI innovation, while different governments navigate varying levels of regulation.
Experts emphasize the importance of responsible AI innovation and acknowledge that small countries, like Singapore, can compete with larger nations in AI development. Despite the push for innovation, neglecting AI risks, especially in cybersecurity, is cautioned.
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