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Is this actual regulation of AI?

Reviewing this very helpful summary of yesterday's “Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence” by Allison Grande in Law360, I am struck by just how little there is there.  The quote below seems to sum it up. Feels something like the creation of a study group charged with forming a committee to embark on a fact-finding mission.  So far from actual regulation!  This is the challenge of trying to regulate something you do not understand. 

Given the breadth of the executive order, the Biden administration appears to have chosen to tackle AI by "adopting an everything-and-the-kitchen-sink approach to AI policy that is, at once, extremely ambitious and potentially overzealous," noted Adam Thierer, a senior fellow for the R Street Institute's technology and innovation team. "The implementation details on all the matters here are mostly left to the various federal agencies to work out, and it remains unclear how far they can stretch their statutory authority to enforce many of these stipulations," Thierer said.