Over the past decade, society has witnessed the rising presence of artificial intelligence (AI) technology. At this point, AI has garnered an expected “compound annual growth rate of 37.3 percent from 2023 to 2030.” While it has helped to enhance productivity and decision-making processes, the possibility of its malicious use is rising, prompting much unease. These concerns are particularly relevant to Americans as in the next five years, it is expected that the United States AI market will grow to a value of $223.40 billion. As the United States is undoubtedly in the competition to become the world’s AI hub, we must ask: How successful are we in regulating its use?
