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Senators Unveil Blueprint for Bipartisan AI Regulation Framework

Algoine News
Summary:
Two senators, Richard Blumenthal and Josh Hawley, have unveiled a bipartisan blueprint for AI legislation. The framework includes mandatory licensing for AI firms and clarifies that legal liability protections will not shield them from legal actions. It also proposes the creation of a licensing system overseen by an independent regulatory body. The senators have plans for a hearing and their announcement precedes an AI forum led by Senate Majority Leader Chuck Schumer.
Two senators, Richard Blumenthal and Josh Hawley, have released a bipartisan blueprint for AI legislation on Friday, Sep. 8, in an effort to regulate the emerging technology. The framework aims to enforce mandatory licensing for AI companies and clarifies that legal liability protections will not shield these firms from legal actions. Blumenthal described this bipartisan plan as a significant step forward in establishing concrete and enforceable AI safeguards. Hawley emphasized that these principles should serve as the foundation for Congress to take action on AI regulation. The framework proposes the creation of a licensing system overseen by an independent regulatory body, requiring AI model developers to register with this entity and undergo audits. It also suggests that Section 230 of the Communications Decency Act, which offers legal protections to tech companies for third-party content, does not extend to AI applications. Other aspects of the framework advocate for corporate transparency, consumer and child protection, and national security safeguards. Blumenthal and Hawley, who lead the Senate Judiciary Subcommittee on privacy, technology, and law, have plans for a hearing on Tuesday, which will include testimonies from key figures in the industry. This announcement precedes Senate Majority Leader Chuck Schumer's AI forum, where leaders from leading AI companies will provide insights into AI's potential advantages and risks.

Published At

9/9/2023 8:07:37 AM

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