U.S. needs to evolve AI policy domestically and abroad, says Wellington's Matt Witheiler
Wellington Management's Matt Witheiler has called for the United States to update its approach to AI policy, both within its own borders and in its international engagements. His comments reflect growing pressure from the investment and technology sectors for clearer federal direction on AI governance.
Why this matters: When a major asset manager says U.S. AI policy needs to change, it is worth paying attention to what that means in practice. Right now there is no single federal AI law. Different agencies are improvising. Other countries are moving faster. That gap does not stay empty — it gets filled by companies setting their own rules, or by other governments setting rules for everyone. The people most affected by how AI is deployed rarely get a seat at that table. Policy shaped mainly by investors and tech firms tends to reflect their priorities, not yours.
Who should care: AI governance · Lawyers · Administrators · General readers · Policy
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