US big tech, AI companies to benefit from bill centralizing regulation at federal level

The Republican tax bill seeks to stop state regulation of AI for the next decade, proposing a federal standard. This has garnered support from tech companies, who argue it will streamline AI development amidst varied state laws.

Consumer advocates caution that the bill risks minimizing state protections, leaving the public vulnerable to unchecked AI advancements. Currently, numerous states continue drafting their AI regulations despite the federal bill.

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