US Chamber fee says AI regulation must be 'prime precedence' for Congress

A fee launched by the U.S. Chamber of Commerce on Thursday urged Congress and the Biden administration to create guidelines for synthetic intelligence (AI), calling its regulation a “prime precedence.”

The company lobbying group’s AI fee, which is led by former Reps. John Delaney (D-Md.) and Mike Ferguson (R-N.J.), mentioned that “nearly each enterprise and authorities company” will use AI throughout the subsequent 10 to twenty years.

The U.S. is “uniquely located” to guide the AI regulation effort, because of its technological superiority, authorized system and alliances with fellow democracies, the Chamber’s fee wrote in its report.

“Coverage leaders should undertake initiatives to develop considerate legal guidelines and guidelines for the event of accountable AI and its moral deployment,” the fee wrote. “A failure to control AI will hurt the economic system, doubtlessly diminish particular person rights, and constrain the event and introduction of helpful applied sciences.”

The fee, which collected insights from 87 specialists, mentioned that policymakers ought to deal with filling gaps within the legislation. Whereas the report was quick on specifics, it referred to as for insurance policies to advertise human rights and innovation, put together the workforce for an AI-centric atmosphere and empower the U.S. Patent and Trademark Workplace to hurry the assessment of AI-related purposes. 

The Chamber steadily lobbies towards stricter authorities rules, however the report signifies that giant U.S. firms wish to play a key position in crafting the principles for AI. 

“On the core of the talk is this easy premise — for Individuals to reap the advantages of AI, individuals should belief it,” David Hirschmann, president and CEO of the Chamber’s know-how engagement heart, mentioned in a press release.

Congress doesn’t seem anyplace near crafting AI guidelines, whilst OpenAI’s ChatGPT and different AI techniques start to shortly take the world by storm, prompting fears that they may quickly change human jobs. 

OpenAI CEO Sam Altman mentioned final month that authorities regulation of AI is “important” as techniques develop extra highly effective and disruptive. 

“Though current-generation AI instruments aren’t very scary, I feel we’re doubtlessly not that distant from doubtlessly scary ones,” Altman tweeted.

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