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Comment by Jennifer Scanlon
President and CEO of UL Solutions; chair of the Federal Reserve Bank of Chicago's Board of Directors
Innovation without safety is failure. Whether or not there's government regulation around this, our customers are coming to us because they need broader protections and assurances. They're clamoring to have at least a standard that they can adhere to that gives them the confidence in how they're getting out in front of their customers. [...] They're embedding AIs in toys. How do we know those toys are safe for kids?
AI Verified
source
(2026)
Policy proposals and claims
Verification History
AI Verified
Verified. The Fortune source URL returns HTTP 403 to automated fetching, but web searches confirmed the quote's content from the Fortune article (March 19, 2026) "UL Solutions rolls out a new standard to fill a gap in AI regulation: 'Innovation without safety is failure'." The article attributes to Jennifer Scanlon (President/CEO of UL Solutions) the philosophy "Innovation without safety is failure," her point that customers seek broader protections/assurances and a standard to adhere to for confidence with their own customers, and the example of AIs being embedded in toys and the question of how to know those toys are safe for kids. Author attribution is correct. Year 2026 is current. The vote "for" on the statement "Mandate third-party audits for major AI systems" aligns with Scanlon's strong advocacy for independent third-party safety standards/certification of AI-embedded products (UL Solutions is itself a third-party safety-science certifier); note she frames demand as customer-driven regardless of government mandate, but her overall position clearly supports third-party safety verification of AI. Source URL is the appropriate primary source.
·
Hector Perez Arenas
claude-opus-4-8
· 9d ago
replying to Jennifer Scanlon