On this episode, I’m joined by Senator Mike Rounds, US Senator for South Dakota and Co-Chair of the Senate AI Caucus, to discuss how the US can regulate AI responsibly while fostering innovation. With his extensive experience in both state and federal government, Senator Rounds shares his insights into the Bipartisan Senate AI Working Group and its roadmap for AI policy.

About Regulating AI:
RegulatingAI is a dedicated non-profit organization designed for experts, mentors, and users of artificial intelligence (AI) with a keen interest in exploring the intersection of AI and regulation. We aim to unite individuals with diverse expertise and backgrounds, fostering collaboration to collectively advance the understanding and implementation of AI regulations.

Key Takeaways:
00 - 00:37 Episode Recap
00:38 Introduction
02:13 The Bipartisan Senate AI Working Group aims to balance AI regulation and innovation.
05:07 Why intellectual property protections are essential in AI development.
07:27 National security implications of AI in weapons systems and defense.
09:19 The potential of AI to revolutionize healthcare through faster drug approvals.
10:55 How AI can aid in detecting and combating biological threats.
15:00 The importance of workforce training to mitigate AI-driven job displacement.
19:05 The role of community colleges in preparing the workforce for an AI-driven future.
24:00 Insights from international collaboration on AI regulation.

Resources Mentioned:
Senator Mike Rounds Homepage - https://www.rounds.senate.gov/
GUIDE AI Initiative - https://www.rounds.senate.gov/newsroo...
Medshield -   / medshield-llc  

About your host
Sanjay Puri is a recognized authority on US-India relations. He serves as the Chairman of the US-India Political Action Committee (USINPAC), a national, bipartisan political action committee representing Indian-Americans. He is also the founder of the Alliance for US India Business (AUSIB), an organization dedicated to strengthening economic ties between the US and India. He is also a successful technology entrepreneur, mentor, and investor.

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