Michigan State University’s “Ask the Experts: 2024 Election Issues” series is shedding light on policies for technology regulation in the upcoming election. Anjana Susarla, the Omura-Saxena Professor of Responsible AI in the Broad College of Business, discussed the differences in approach to technology regulation by Vice President Kamala Harris and former President Donald Trump.
Harris has emphasized the importance of addressing algorithmic harms, such as bias in lending and hiring decisions, and signed an executive order recognizing the risks AI poses to civil and human rights. In contrast, Trump has not taken a public stance on mitigating algorithmic harms but has acknowledged the dangers posed by technologies like deepfakes.
Both administrations have taken action on regulation, with Trump signing the American AI Initiative executive order in 2019 and Biden-Harris pursuing further measures, such as investigating the vulnerability of AI models and enforcing antitrust laws against dominant tech companies.
When it comes to cryptocurrency, Trump has shown support for regulation while Biden-Harris has imposed regulatory restrictions with the Securities and Exchange Commission. The lack of federal data privacy legislation highlights the need for comprehensive regulation in the public interest.
Overall, the Biden-Harris administration’s efforts seem more focused on reining in technology companies and protecting consumers through antitrust and technology regulation, setting them apart from the Trump administration in their approach to technology regulation.
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