By Eric Revell
Publication Date: 2026-10-12 21:55:00
FOX Business correspondent Darren Botelho reports on the calls for ’emergency brake’ or ‘kill switch’ on AI from tech leaders and lawmakers and the ‘Big Money in the Morning’ panelists weigh in on the calls for safeguards.
Microsoft President Brad Smith highlighted the need for global regulation of artificial intelligence (AI) in a new interview, saying that AI currently faces lighter safety requirements than milk.
Smith said in an interview with the BBC that was published Monday that there’s a need for a global set of AI safety rules that includes a notification mechanism for victims whose systems are breached by a rogue AI agent, as well as an “emergency brake” available to developers.
Smith said there should be a legal requirement for companies to produce incident reports when AI goes awry and added, “We know how to do this for other products. We should build on that knowledge and think about how to apply it to AI.”
“Right now, your washing machine is subject to more…