"AI-Driven Smart Contracts: Automating Blockchain Transactions"-Episode 1; Part 3: Ethical and Regulatory Considerations
Manage episode 501585809 series 3665426
This podcast episode, presented by two hosts, Jenna and Trevor, explores the ethical and regulatory complexities of AI-driven smart contracts. It first addresses ethical concerns, highlighting issues like algorithmic bias, lack of transparency, data privacy challenges, and the potential for job displacement due to automation. The discussion then transitions to the regulatory landscape, examining the patchwork of laws and initiatives globally and specifically within the U.S., including state-level efforts and federal approaches. Finally, the episode offers strategies for balancing innovation with compliance, emphasizing proactive governance, regulatory sandboxes, privacy-by-design principles, and cross-functional collaboration to navigate this evolving technological and legal space responsibly.
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