AI adoption is on the rise, but it's accompanied by increasing concerns about biases, inaccuracies, and misuse.

President Biden is advocating for AI regulation to mitigate risks associated with unregulated AI technologies.

Proposed state-level legislation in seven states aims to regulate AI bias, focusing on critical areas like employment and housing.

These bills would mandate impact assessments to curb discrimination, enhance transparency, and offer opt-outs from AI decisions.

AI industry continues to grow and release new products despite experts' warnings about insufficient regulation.

Industry groups are largely in favor of regulation, seeing it as a means to establish consumer trust and legal clarity.

Experts call for more comprehensive policy reforms, including independent AI evaluations and AI taxation to support social programs.

There's a consensus that legislation is key to tackling AI discrimination and bridging the gap between its potential and current challenges.