The regulatory landscape for Artificial Intelligence (AI) is shaping up on both sides of the Atlantic, with the newly announced US Executive Order on Safe, Secure, and Trustworthy AI and associated guidance, the EU AI Act and the recently adopted G7 AI Code of Conduct among the main (deployed and proposed) regulatory guideposts. This discussion is the last and only public panel following a day-long workshop co-sponsored by the Data Science Institute at Brown University. The panel addresses the main challenges for regulating artificial intelligence and asks what policies can foster innovation while alleviating existing harms and biases and preventing future ones.