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Virginia Governor Glenn Youngkin vetoed H.B. 2094, a bill aimed at regulating artificial intelligence in the state. He argued that the proposed legislation would create a burdensome framework for AI development and deployment. Youngkin emphasized that existing safeguards and oversight are already in place to protect consumers and support innovation.
The veto reflects Youngkin's commitment to fostering an environment conducive to AI innovation, claiming that the bill would hinder economic growth and job creation. He highlighted the importance of enabling businesses to thrive without excessive regulatory burdens. As other states move forward with AI regulations, Virginia's approach aims to balance innovation with necessary oversight.
• Youngkin vetoed AI regulation to avoid burdensome frameworks for innovation.
• Existing safeguards in Virginia are deemed sufficient for AI oversight.
AI refers to the simulation of human intelligence in machines, which is relevant as the bill aimed to regulate its development and use.
A regulatory framework outlines the rules and guidelines for AI, which Youngkin argued would hinder innovation.
High-risk AI systems are those that could significantly impact individuals or society, which the bill sought to regulate.
The National Law Review 7month
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