Bipartisan Senate group releases sweeping AI report

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2024 Presidential Election,Artificial Intelligence,Senate

A bipartisan group of senators unveiled a sweeping report Wednesday detailing how Congress should regulate AI.

A bipartisan group of senators led by Majority Leader Chuck Schumer unveiled a sweeping report Wednesday detailing how Congress should regulate AI, capping off a nearly year-long effort.Getting AI bills passed before the end of the year is a bipartisan goal, but time is running out with limited opportunities for floor action and the election looming.The "roadmap" — which Sens. Martin Heinrich, Mike Rounds and Todd Young helped write — is meant to inform bills, keep the U.S.

Schumer: "We're not going to wait on legislation that addresses every aspect of AI and society... In other words, if some areas are ready earlier than others, they should go forward."One goal of the report is to "reach as soon as possible" $32 billion a year for non-defense AI work, a spending level proposed by the National Security Commission on Artificial Intelligence.

All four senators agreed they would have to convince their colleagues of the importance of allocating so much money in an election year. "This is a time in which the dollars we put into this particular investment will pay dividends for the taxpayers of this country long term," said Rounds.Examining legislation to improve the U.S. immigration system for high-skilled STEM workers.. The speaker recently said the Biden administration is getting it wrong by trying to regulate AI too closely, which could stifle innovation.

 

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Bipartisan Senate group urges $32 billion in emergency spending on artificial intelligenceA bipartisan group of four senators led by Majority Leader Chuck Schumer is recommending that Congress spend at least $32 billion over the next three years to develop artificial intelligence and also put safeguards around it. The group wrote in a new report released Wednesday that the U.S.
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