Securities and Exchange Commission Chair Gary Gensler warns on today’s episode of POLITICO Tech that Wall Street’s headlong rush to embrace artificial intelligence could create new weaknesses in the U.S. financial system. The solution, Gensler says, requires Washington regulators to band together in a new way.

SEC chair Gensler on AI's threat to Wall Street: "I don't want everybody to drive off the cliff"

The POLITICO Tech podcast is your daily download on the disruption that technology is bringing to politics and policy. From AI and the metaverse to disinformation and microchips, we explore how today’s technology is shaping our world — and driving the policy decisions, global rivalries and industries that will matter tomorrow.

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The roll out this week of the Senate’s artificial intelligence policy roadmap was about as close to bipartisanship as Washington gets these days. But can it last? Sen. Todd Young (R-Ind.), one of the roadmap’s four co-authors, joins host Steven Overly to discuss what’s next as lawmakers look to pass actual legislation, and political divisions begin to emerge.

Sen. Todd Young delves into the new AI roadmap

Colorado and Connecticut attempted to become the first states to regulate artificial intelligence but faced significant pushback from the tech industry. In Connecticut, the governor then threatened to veto the legislation. And in Colorado, the governor is under pressure to do the same. Mallory Culhane, author of POLITICO's Morning Tech newsletter, joins host Steven Overly to discuss the fate of Colorado's AI legislation and whether other states will follow similar approaches to AI regulation.

Two unlikely states tried to rein in AI. Then came the tech lobbyists

Senate Majority Leader Chuck Schumer’s AI policy roadmap is out this morning. The bipartisan report, co-authored with Sens. Martin Heinrich, Todd Young and Mike Rounds, calls for big bucks for AI research, and legislation in areas like workforce training. It’s expected to kick off a flurry of legislative action in the Senate, even as the election rapidly approaches. Reggie Babin, an attorney and lobbyist at Akin, worked as Schumer’s chief counsel until 2022. He joins POLITICO Tech host Steven Overly to break down the impact of the new AI roadmap.

Chuck Schumer just fired the Senate’s AI starting gun

When President Joe Biden talks about artificial intelligence, he’ll often refer to the technology’s “promise and peril.” Yet much of his AI agenda to date has focused on the latter. Now, the White House is shifting focus to the “aspirational” uses of AI -- a change in tone that could be complicated by the perils that remain. On POLITICO Tech, Office of Science and Technology Policy Director Arati Prabhakar tells Steven Overly about Biden’s plan to “start shaping the next chapter” of AI focused on its upsides.

What Biden’s ‘next chapter’ of AI looks like

President Biden’s signature CHIPS and Science Act promised the National Science Foundation a budget boost of $81 billion over five years. But so far, Congress hasn’t come through with the money. That has Sethuraman Panchanathan, the director of the NSF, persuading lawmakers to loosen the national purse strings, while in the meantime, cobbling together money from the NSF’s shrinking budget and the private sector to fund AI research projects. Steven Overly talked with "Panch" for today's episode of Politico Tech.

SEC chair Gensler on AI's threat to Wall Street: "I don't want everybody to drive off the cliff"

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