Still need more see what will come.

Regulations are bureaucracy or friction which slows innovation.

But they are essential which is the topic of AI Ethics.

Self-Regulation does not work.

We need to build a mechanism of 3

Strategy (Data, AI Ethics and Policy)

Control (Governance, Risk Management, Compliance)

Performance (Bias & fairness, Interpretability and Explainability, Robustness, Privacy, Safety and Security)