Bloomberg Law — On May 16, a Senate subcommittee held its first congressional hearing on artificial intelligence. While the tech industry touts AI’s many benefits – personalized learning, content creation, scientific discovery – the technology’s risks have also come into focus: disinformation, job loss, and, some experts warn, AI could be an existential threat to humanity. Now Congress is paying attention. But the question of how, or even if the government is capable of putting guardrails around such a fast-moving technology, is unclear.