• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Senate to grapple with AI’s effect on US energy as regulation talks heat up
Economy

Senate to grapple with AI’s effect on US energy as regulation talks heat up

by September 7, 2023
by September 7, 2023 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

The top Republican on the Senate Energy Committee will warn Thursday against allowing U.S. artificial intelligence capabilities to fall into China’s hands when the panel meets for a hearing on the topic.

Senators returned to Capitol Hill just days ago after spending the month of August in their home states. AI is expected to be a prominent topic for lawmakers as they race to get ahead of the rapidly advancing technology. 

It’s also the topic at the heart of Thursday’s hearing led by Energy Committee Chair Joe Manchin, D-W.Va., and ranking member John Barrasso, R-Wyo., that aims to examine how AI has affected the U.S. energy sector and how the federal government can stay competitive in that lane.

‘Artificial intelligence plays an important role in the energy sector,’ Barrasso is expected to say, according to early excerpts of his remarks obtained by Fox News Digital. 

‘In mining, AI can reduce equipment downtime. Advanced algorithms help miners locate mineral-rich deposits for more efficient exploration. Real-time analytics strengthen worker safety by predicting potential hazards.’

He will also bring up the Department of Energy’s ‘important role’ in researching AI and the concerns that come with that research getting into the wrong hands.

‘The department maintains the world’s most advanced computing systems. Its 17 national labs have significant experience developing our nation’s most sensitive technologies. For this reason, the People’s Republic of China is watching nearly every move our labs make,’ Barrasso will say. 

‘The Department of Energy and our national labs must take the China threat more seriously. We cannot let our technology fall into the hands of the butchers of Beijing.’

The panel of witnesses will include David Turk, deputy secretary for the Department of Energy and Rick Stevens of the Argonne National Laboratory. 

It comes after Senate Majority Leader Chuck Schumer announced all senators would be invited to a series of AI Insight Forums to educate lawmakers on the technology. Schumer has made AI regulation a cornerstone goal of this Congress.

The first forum, scheduled for Sept. 13, is expected to include tech giants like Mark Zuckerberg and Elon Musk, along with an array of AI experts.

‘The intent here is to get as much information now … from the leaders in AI, the business leaders in AI, about what’s going on, what the future is, just to give our members a really good understanding about what AI can really do and what these folks see as the future of AI,’ Sen. Mike Rounds, R-S.D., who has been a leading voice on AI in Congress, told reporters Wednesday.

‘Our goal is not to try to write a piece of legislation,’ Rounds added. ‘Our goal is to allow the committees that have areas of expertise that they watch, for them to be able to look at what the impact of AI is going to be in their areas. And then, if they feel the need to propose legislation, this gives them all a … consistent background on a bipartisan basis to begin with.’

Elizabeth Elkind is a reporter for Fox News Digital focused on Congress as well as the intersection of Artificial Intelligence and politics. Previous digital bylines seen at Daily Mail and CBS News.

Follow on Twitter at @liz_elkind and send tips to elizabeth.elkind@fox.com

This post appeared first on FOX NEWS
You Might Also Like
  • NYC Mayor Eric Adams says ‘migrant crisis’ under Biden administration has ‘destroyed’ city
  • Biden’s ‘perpetual state of confusion’ on display in Normandy amid rising cognitive questions
  • Biden meeting with Democrat governors Wednesday after disastrous debate performance
  • White House weighs in on anticipated Trump trial verdict: ‘Important day’
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Rice steamed at Becerra for pushing back on White House immigration assignment: book
next post
Mayor Eric Adams predicts migrant crisis ‘will destroy New York City’

You may also like

India’s Modi poised for victory as 6-week general election begins...

April 19, 2024

Ex-NSA official Harry Coker confirmed as White House cyber chief...

December 13, 2023

Biden regulations have cost Americans almost $10,000 per household: study

June 29, 2023

Biden admin to meet with Saudi defense minister this week...

October 30, 2023

Longtime Texas Democrat Eddie Bernice Johnson dies at 88

January 1, 2024

Hamas rejects Israeli two-month cease-fire proposal, prisoner swap over demand...

January 25, 2024

Seattle mayor’s office demanded fewer White men, military in police...

August 2, 2023

China seeks to gain ‘foothold’ on America’s doorstep amid border...

July 17, 2023

Tim Scott snaps back after Chelsea Handler clip on Black...

June 8, 2024

Tim Walz ‘misspoke’ about using weapons ‘in war,’ Harris campaign...

August 10, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Confused by the Market? Let the Traffic Light Indicator Guide You

      May 9, 2025
    • Which Will Hit First: SPX 6100 or SPX 5100?

      May 9, 2025
    • The V Reversal is Impressive, but is it Enough?

      May 9, 2025
    • Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

      May 8, 2025
    • Don’t Buy Robinhood Stock… Until You See This Chart Setup

      May 8, 2025

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,633 views
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,339 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,321 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,303 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,186 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,066)
    • Investing (538)
    • Stock (2,533)

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 3

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Confused by the Market? Let the Traffic Light Indicator Guide...

      May 9, 2025
    • Which Will Hit First: SPX 6100 or SPX 5100?

      May 9, 2025
    • The V Reversal is Impressive, but is it Enough?

      May 9, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,066)
    • Investing (538)
    • Stock (2,533)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Hidin’ Harris 2024 is a terrible...

    August 27, 2024

    Triple House meltdown on defense bill...

    September 22, 2023

    Gallagher rolls out ‘DADDY Act’ to...

    September 30, 2023
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here