Biden AI plan is one step in avoiding crypto trap

News Snapshot:

U.S. President Joe Biden speaks about his administration's commitment to seizing the opportunities and managing the risks of Artificial Intelligence, in San Francisco, California, U.S., June 20, 2023. REUTERS/Kevin Lamarque Acquire Licensing Rights NEW YORK, Oct 30 (Reuters Breakingviews) - It will take more than a presidential pen-stroke to solve artificial intelligence. On Monday, U.S. President Joe Biden signed an executive order establishing regulatory guardrails for the technology that looks set to upend humanity. It still leaves a big hole for Congress to fill. Failing to do so risks the sort of piecemeal enforcement that hobbled cryptocurrencies, but with much...