tech
What's inside the House draft bill to regulate AI
The White House has been skeptical of any approach that imposes strict requirements on companies.
TL;DR
- A bipartisan proposal, the Great American Artificial Intelligence Act, has been released as a discussion draft by House lawmakers.
- The draft aims to establish a national standard for AI regulation, preempting state laws for three years.
- It proposes the creation of the Center for AI Standards and Innovation with a budget of $100 million per year from 2027-2029.
- "Large frontier developers" would be required to implement risk assessment plans and report safety incidents.
- The bill also seeks to protect AI whistleblowers, increase fines for AI-enabled fraud, and boost funding for AI literacy and research.