Spotlight_Vol 24_Issue_1

IN THE SPOTLIGHT

IN THE SPOTLIGHT

AI LOBBYING SPIKES AS CALLS FOR REGULATION SURGE Recent data shows that artificial intelligence- related lobbying reached new heights in 2023, with more than 450 organizations participating. It marks a 185% increase from the year before when just 158 organizations did so. The spike in AI lobbying comes amid growing calls for AI regulation and the Biden administration’s push to begin codifying those rules. Companies that began lobbying in 2023 to have a say in how regulation might affect their businesses. The hundreds of organizations that lobbied on AI in 2023 ran the gamut from Big Tech and AI startups to pharmaceuticals, insurance, finance, academia, telecommunications and more. Until 2017, the number of organizations that reported AI lobbying stayed in the single digits, but the practice has grown slowly but surely in the years since, exploding in 2023 with more than 330 organizations that lobbied on AI last year had not done the same in 2022.

WEARABLE FITNESS TECHNOLOGY IS NO LONGER A TREND! Wearable fitness tech, including smartwatches, fitness trackers, and heart rate monitors, to remain one of the top fitness trends in 2024, according to a survey from the American College of Sports Medicine. Based on the results of a survey carried out by the sports medicine and exercise science organization the American College of Sports Medicine (ACSM), wearable technology holds the number one position among the fitness trends that will dominate 2024. The survey gathered the input of some 2,000 clinicians, researchers, and practitioners within the fitness industry to determine the trends that will have the most impact in the new year. Having been carried out by the ACSM yearly since 2006, the survey has found wearable fitness tech, including devices such as smartwatches, fitness trackers, and heart rate monitors, to be among the top three trends since 2016.

SPOTLIGHT MAGAZINE ON BUSINESS MAGAZINE • VOL 24 ISSUE 1 9

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