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HomeFinanceHow senators plan on regulating AI: Legislation Decoded, Sept. 4–11
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How senators plan on regulating AI: Legislation Decoded, Sept. 4–11

Final week, two United States senators unveiled a bipartisan blueprint for synthetic intelligence (AI) laws. The framework put ahead by Senators Richard Blumenthal and Josh Hawley advocates for obligatory licensing for AI companies and makes it clear that expertise legal responsibility protections is not going to defend these firms from authorized motion.

The framework proposes making a licensing system overseen by an impartial regulatory physique. It mandates that AI mannequin builders register with this oversight entity, which might possess the authority to conduct audits of those licensing candidates. It additionally means that Congress ought to make it express that Part 230 of the Communications Decency Act, which offers authorized protections to tech companies for third-party content material, doesn’t lengthen to AI purposes.

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