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Schumer To Outline "SAFE" Framework For AI Regulation
Senate Majority Leader Chuck Schumer (D-NY) is shortly due to deliver a speech at the Center for Strategic and International Studies (CSIS) on Artificial Intelligence, which may lay the groundwork for Congress to begin working on regulation for the technology.
- Livestream: LINK
- CSIS: "Senator Schumer will reveal his SAFE Innovation framework and announce a comprehensive approach in the Senate that will illuminate a bipartisan path forward on AI, meant to protect, expand, and harness AI’s potential."
- Schumer will say: “It’s not like labor or health care or defense where Congress has a long history we can work off of. Experts are not even sure which questions policymakers should be asking. In many ways, we’re starting from scratch.”
- Punchbowl News warns: “Don’t mistake this speech for a policy proposal. We’re told it’s simply a framework for how Congress can eventually get there... There’s no timeline for getting this done.”
- Senator Mike Rounds (R-SD) said: “We have to continue to allow AI to flourish here in the United States, while at the same time looking at areas in which to provide transparency and personal protections in terms of personal information.”
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.