New Delhi, November 24: Some industry experts are skeptical whether Elon Musk슬롯사이트™s unconventional methods and Donald Trump슬롯사이트™s leadership will ultimately benefit AI regulation and the market at large, according to a new report.

Trump has been re-elected as President of the US with Musk appointed to lead the newly established Department of Efficiency. Musk슬롯사이트™s role focuses on streamlining government processes and integrating advanced technologies, a development that marks a significant shift in the regulatory landscape for artificial intelligence (AI) and other emerging technologies.슬롯 머신 사이트 추천Elon Musk, Vivek Ramaswamy Leading US Government슬롯사이트™s DOGE in Trump 2.0 Cabinet Will Be Biggest Threat for Beijing: Chinese Advisor Zheng Yongnian.

However, some industry experts remain skeptical, said GlobalData, a leading data and analytics company. According to forecasts, the global AI market is set to reach over $1 trillion by 2030, up from $103 billion in 2023, with a compound annual growth rate (CAGR) of 39 per cent over the period.

Kamilla Kan, senior data scientist, Medical Devices team at GlobalData, said that with the increasing adoption of AI across sectors, the need for robust, forward-thinking regulations is more critical than ever.

슬롯사이트œAI technologies are becoming integral to a range of industries, and we expect this trend to accelerate globally in the coming years. However, it remains uncertain whether Musk슬롯사이트™s approach will truly enable the responsible growth of AI or if it may inadvertently create regulatory gaps that could hinder the technology슬롯사이트™s safe and ethical integration,슬롯사이트� Kan emphasised.

Musk슬롯사이트™s efficiency-focused mandate includes developing frameworks aimed at streamlining AI compliance while fostering innovation, though there is uncertainty about how effective his approach will be in practice. His appointment reflects the government슬롯사이트™s intention to strengthen the US position in AI and technology, which are now viewed as critical for economic growth and national security.슬롯 머신 사이트 추천Elon Musk슬롯사이트™s X To Allow Users To Send and Receive Payments Directly From Their Profiles; Check Details.

Musk슬롯사이트™s Department of Efficiency is expected to provide some regulatory consistency and clear guidelines to help businesses harness AI responsibly. However, concerns remain about whether this approach will adequately balance public trust with the rapid demands of technological advancement, said the report.

(The above story first appeared on LatestLY on Nov 25, 2024 08:06 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).