Regulatory oversight is one topic on investors' minds as the US presidential election nears, now just two weeks away. Esper Regulatory Technologies is an operating system that acts as a form of record-keeping for state governments to evaluate and develop better policies.
Esper Co-Founder and CEO Maleka Momand sits down with Asking for a Trend's Josh Lipton to discuss how the software will enable policymakers to better navigate "the labyrinth of government regulation."
"We go upstream and actually work with governments and provide them an intelligent operating system, a system of record for them to manage and update their regulations so that it's in alliance with best practices," Momand explains. "Most government policymaking today is really additive. So instead of going back and reviewing, what do we have? Is it still working? Should we revise our existing policies? They just continue to layer on and on and on, more and more regulation."
Esper is currently working with Tennessee, Iowa, and Montana's state governments, as well as the New York Police Department (NYPD).
Momand compares the two regulatory reform goals from Republican and Democrat-led states, noting them to have the "same goal, just different messaging."
Credo AI Founder and CEO Navrina Singh explained to Yahoo Finance how governance may encourage "long-term winners" in the artificial intelligence landscape, instead of acting as a "speed bump in innovation."
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