Skip to content
Back to Guavy Wire
Stocks

NYC Lawmakers to Question Tech Giants on AI Risks and Regulations

Instruments
GOOGL
Share

New York City lawmakers are set to question major tech companies about the risks of artificial intelligence during a hearing on Monday, October 5, 2026. Google, Meta, OpenAI, and Anthropic are among the companies scheduled to testify before the City Council as officials consider a package of proposed AI regulations.

The hearing focuses on the rapidly evolving technology and aims to establish guardrails around its use and impact. City lawmakers are reviewing 10 pieces of legislation to create mechanisms for holding companies accountable if they fail to comply with the proposed rules.

Mayor Zohran Mamdani has expressed concerns about the risks associated with AI, criticizing the pace of development and the lack of urgency in addressing potential consequences. He hopes for a different approach to AI regulation that goes beyond framing it as an arms race with China.

The hearing follows a White House event where President Donald Trump announced the formation of a new 'Super Intelligence Force,' attended by the same companies expected to testify in New York.

More on Stocks

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc