AI on the Hill #4

A bipartisan framework for AI regulation emerges

In a recent effort to catch up with the rapidly evolving technology of AI, Senators Richard Blumenthal (D-CT) and Josh Hawley (R-MO) have proposed a sweeping bipartisan framework to regulate AI. The bipartisan framework aims to address various aspects of AI regulation, including:

📜 Licensing and auditing of AI. The framework proposes requirements for the licensing and auditing of AI systems, ensuring that they meet certain standards and comply with regulations

🏢 Creation of an independent federal office. The senators suggest the establishment of an independent federal office to oversee AI technology, providing guidance and monitoring compliance with regulations

🧑‍⚖️ Liability for privacy and civil rights violations. The framework includes provisions that hold companies accountable for privacy and civil rights violations resulting from their AI systems

🔒 Data transparency and safety standards. The proposed framework emphasizes the importance of data transparency and safety standards, ensuring that AI systems are developed and deployed responsibly

Why should I care?