Siemens CEO Roland Busch sees the AI Act as a major reason why Europe is lagging, stating, "We are sitting on a treasure trove of data in Europe, but we are not yet able to tap into it." He argues that the difficulty lies not in computing capacity, but in the release of resources.
Bickley stated that the removal of the AI regulation ban indicates Washington is considering a national AI framework, emphasizing the importance of regulatory planning by tech leaders.
The "No Robo Bosses" Act, also known as SB 7, requires human oversight when AI is involved in significant employment decisions and restricts access to personal employee data.
Garcia urges lawmakers to remove a provision in the 'Big, Beautiful Bill' blocking states from regulating AI, arguing it endangers families by leaving AI unregulated.
The House Energy and Commerce Committee's 2025 budget reconciliation bill allocates $500 million for IT modernization and AI efforts, crucial as states grapple with regulations.
On our semiconductor fab investment plan, since this business is so capital intensive it requires government backing, we wanted to be absolutely sure of the technology path before we take taxpayer money.
