The American Paradox: Navigating AI Governance Without a Central Act

Internal audit and assurance professionals must recognize that the absence of a single, overarching AI Act in the US does not equate to an unregulated AI landscape. Instead, organizations face a complex web of existing laws, agency mandates, and state-level regulations that already apply to AI systems. Understanding this fragmented yet binding governance framework is crucial for identifying compliance obligations and mitigating risks associated with AI deployment.