Breaking: US Lawmakers Introduce National AI Commission Act

Also Read: Former CFTC Chairman Calls SEC Charges on Coinbase ‘Boring’

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Congressmen Ted W. Lieu, Ken Buck and Congresswoman Anna Eshoo introduced the National AI Commission Act, bipartisan and bicameral legislation to create a national commission on the Artificial Intelligence (AI) space. The objective is to develop a framework for AI regulation.

Comprehensive Framework for AI regulation

The Act appears to be more focused towards preventing harm from the technology. Congressman Lieu warned that AI can also cause significant harm if left unchecked and unregulated. Hence, the commission will unite experts, government, industry, labor to make recommendations on the best ways to move forward on AI regulation, a statement from the lawmakers said.

“The bipartisan, blue-ribbon commission will review the United States’ current approach to AI regulation, make recommendations on any new office or governmental structure that may be necessary, and develop a risk-based framework for AI.”

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Meanwhile, AI based crypto tokens Render (RNDR) and SingularityNET (AGIX) reacted positively to the news of the US AI Commission proposal.

Also Read: Bizarre Google Translate Error: Andrew Tate’s Bitcoin Seizure Misreported

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