A bipartisan group of four senators, with Majority Leader Chuck Schumer at the forefront, is suggesting that Congress allocate a minimum of $32 billion over the next three years to advance artificial intelligence (AI) and establish safety protocols surrounding it. This initiative represents the United States government's ongoing endeavors to both regulate and foster the development of AI technology.

This recommendation comes following the recent unveiling of a bipartisan bill in the USA aimed at assisting the Biden administration in implementing export controls on the most advanced AI models produced in the country. Through consultations with industry professionals and critics of AI, the bipartisan task force recognized the significance of investing in AI to ensure the nation's competitiveness against global rivals and enhance the quality of life for Americans, particularly in the field of healthcare where AI can aid in treating various illnesses.

While this proposal does not present a definitive bill or policy outline, it does offer insight into the extent and ambition of upcoming AI-related legislation, setting the stage for more intricate and detailed policies to follow.

Current Landscape of AI Development

Additionally, the group has suggested implementing new transparency standards for AI products as they are introduced to the market, along with conducting studies on the potential repercussions of AI on employment and the American workforce. The AI Working Group is actively involved in overseeing the swift advancements in generative AI technology and its integration. In a parallel move, the National Institute of Standards and Technology (NIST) formed the AI Security Institute Consortium (AISIC) in February, uniting more than 200 entities to craft security guidelines for AI systems.

Experts have noted that the USA is trailing behind several other nations, notably the European Union, which has taken the lead in regulating AI. In March, the EU established extensive legislation governing AI practices across its 27 member states, thereby prompting the USA to accelerate its efforts to align with such regulations.

These laws specifically safeguard general-purpose AI applications, restrict the use of biometric recognition by law enforcement, prohibit online social scoring, prevent AI exploitation of user vulnerabilities, and grant consumers the right to raise concerns and receive detailed explanations from AI providers.

This article was originally published on COINTURK NEWS: Senators Recommend $32 Billion for AI Development and Safety Measures