AI Regulation in Peril

Matilda
AI Regulation in Peril
The momentum for AI regulation in the United States, once a driving force behind legislative and executive actions, has encountered significant obstacles. The Supreme Court’s recent decision in Loper Bright Enterprises v. Raimondo has not only altered the regulatory landscape but has also introduced a level of uncertainty that threatens to derail progress made over the past year. This article delves into the implications of this judicial decision, the current state of AI regulation, and the potential challenges ahead for policymakers, businesses, and society at large. The Supreme Court Decision and Its Implications On July 21, 2024, the Supreme Court issued a landmark ruling in the case of Loper Bright Enterprises v. Raimondo. This decision effectively dismantled the doctrine of "Chevron deference," a legal principle that had been in place for four decades. Chevron deference allowed federal agencies to interpret ambiguous laws passed by Congress, provided their interpretations…