AI innovation funding - My Blog https://copiedact.com My WordPress Blog Sat, 20 Jul 2024 14:34:52 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://copiedact.com/wp-content/uploads/2024/07/cropped-me-2024-07-18T101111.353-e1721312045466-32x32.png AI innovation funding - My Blog https://copiedact.com 32 32 Senators Unveil $32B AI Regulation Roadmap: Key Points https://copiedact.com/senators-unveil-32b-ai-regulation-roadmap-key-points/ https://copiedact.com/senators-unveil-32b-ai-regulation-roadmap-key-points/#respond Sat, 20 Jul 2024 14:07:17 +0000 https://copiedact.com/?p=153 Senate AI Working Group proposes $32B annual investment for non-defense AI innovation. Roadmap outlines focus areas for regulation, drawing mixed reactions.

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Four prominent U.S. Senators have released a roadmap for artificial intelligence regulation, proposing an annual investment of at least $32 billion for non-defense AI innovation. The AI Working Group, comprising Senate Majority Leader Chuck Schumer (D-NY), Mike Rounds (R-SD), Martin Heinrich (D-NM), and Todd Young (R-IN), developed this proposal after months of AI Insight Forums featuring industry executives, academics, and civil rights leaders.

The 20-page report outlines key areas for Senate committees to focus on regarding AI regulation. These include AI workforce training, addressing AI-generated content in sensitive areas like child sexual abuse material and election content, protecting private information and copyrighted content, and mitigating AI’s energy costs. The roadmap is not intended as comprehensive legislation but as a guide for committees crafting regulations.

The proposal encourages lawmakers to work with the Senate Appropriations Committee to increase AI funding to levels recommended by the National Security Commission on Artificial Intelligence. This funding would support AI and semiconductor research across government agencies and the National Institute of Standards and Technology’s testing infrastructure.

Notably, the roadmap does not call for immediate safety evaluations of all AI systems before public release, instead suggesting the development of a framework to determine when such evaluations are necessary. It also refrains from proposing an overhaul of existing copyright rules, instead asking policymakers to consider if new legislation is needed in areas like transparency and content provenance.

Reactions to the roadmap have been mixed. While some industry representatives view it as an encouraging start, others criticize its high costs and lack of immediate, enforceable regulations. Civil rights groups express concerns about potential power consolidation in AI infrastructure providers and the need for stronger guardrails to prevent harm to marginalized communities.

As various AI-related bills advance through Senate committees, the effectiveness and speed of implementing these regulatory proposals remain uncertain, especially given the complexities of AI technology and the approaching election year.

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