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How a slowdown in AI development would impact markets

How a slowdown in AI development would impact markets

Summary

Experts in artificial intelligence (AI) have warned that not regulating the AI industry might cause serious problems. A slowdown in AI development could affect stock markets and the economy.

Key Facts

  • AI leaders have called for clear rules to manage AI growth.
  • Without regulation, AI development could slow down.
  • A slowdown in AI development may impact stock market performance.
  • The discussion is focused on how the business sector might react to changes in AI progress.
  • The analysis comes from CBS News business analyst Jill Schlesinger.
  • The news is part of a CBS News segment on the effect of AI on financial markets.
  • Regulation refers to government rules that guide how industries operate to keep them safe and fair.
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