Government regulation is essential in industry, and especially in emerging technologies like AI, government guidelines are essential for consumer and business growth. Therefore, technological advancements and changes in government regulations should be discussed together.
The government and Congress are responsible for creating and enforcing regulations for industry and consumers. As new technologies emerge, the importance of government agencies creating and enforcing laws becomes even more critical. In the age of generative AI, where everything can be changed on command, the role of government is even more critical. Proper regulation saves businesses and consumers.