AI regulation invoice goals to stop hurt from AI: Rep. Lieu


US Rep. Ted Lieu (D-Ca.) is part of the bipartisan effort introducing the Federal Synthetic Intelligence Threat Administration Act to Congress. The invoice goals to supply AI regulatory tips for federal companies and firms collaborating or contracting with the federal government.

Rep. Lieu joins Yahoo Finance’s Akiko Fujita and Rachelle Akuffo to debate the invoice’s deal with being “process-orientated” compared to European efforts to control AI.

“So a method is to place in a process-orientated method making the federal authorities and firms take into consideration the AI they’re deploying and the way they themselves guarantee that the AI they’re utilizing does not hurt folks,” Rep. Lieu explains. “One other… is to guarantee that our current authorized construction can go after harms brought on by AI, whether or not it is discrimination in hiring or giving out of loans.”

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Editor’s word: This text was written by Luke Carberry Mogan.