about accomplishing a potentially impossible task: passing bipartisan legislation within the next year that encourages the rapid development of artificial intelligence and mitigates its biggest risks.
Schumer, who was leading the forum with Sen. Mike Rounds will not necessarily take the tech executives’ advice as he works with colleagues to try and ensure some oversight of the burgeoning sector. But he is hoping they will give senators some realistic direction as he tries to do what Congress has not been able to do for many years: pass meaningful regulation of the tech industry.
Schumer said regulation of artificial intelligence will be “one of the most difficult issues we can ever take on,” and ticks off the reasons why: It’s technically complicated, it keeps changing and it “has such a wide, broad effect across the whole world,” he said.Congress has a lackluster track record when it comes to regulating technology. Lawmakers have lots of proposals but have mostly failed to agree on major legislation to regulate the industry.
While many members of Congress agree that legislation may be needed in response to the quick escalation of artificial intelligence, there is little consensus on what that should be, or what might be needed. There is also division, with some members of Congress worrying more about overregulation while others are concerned more about the potential risks of an unchecked industry. Those differences often fall along party lines.
Technology Technology Latest News, Technology Technology Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: FoxBusiness - 🏆 458. / 53 Read more »
Source: NBCNewsHealth - 🏆 707. / 51 Read more »
Source: washingtonpost - 🏆 95. / 72 Read more »
Source: FoxNews - 🏆 9. / 87 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »