California’s Frontier AI Act of 2025 imposes top-down regulation that prioritizes compliance over risk management and is already being floated as a template for broader federal and state oversight. Critics warn this approach mirrors the EU’s precautionary-principle-driven AI regime, which has led to higher compliance costs, reduced innovation, and greater market concentration.
Posts tagged as “risk management”
Ignorance is not bliss… we must be informed and prepared By ROBERT STANLEY Click the image above to listen to very important information provided by…
By Terence Zimwara The South African Reserve Bank (SARB) says it has commenced a feasibility study for a general-purpose retail central bank digital currency (CBDC).…
By Tyler Durden Update (1150ET): Powell has made some more eye-catching comments, the first concerning keeping the public focused on “risk management”. *POWELL: NEED TO KEEP…