• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Schumer pledges ‘supercharged’ path to AI regulation when Senate returns from recess
Economy

Schumer pledges ‘supercharged’ path to AI regulation when Senate returns from recess

by September 4, 2023
by September 4, 2023 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

Senate Majority Leader Chuck Schumer, D-N.Y., is signaling that he is serious about pushing through some form of regulatory framework for artificial intelligence when Congress is back from its August recess. 

Schumer is planning on kicking off a series of bipartisan ‘AI Insight Forums,’ he told Senate Democrats in a letter on Friday morning, in a bid to get lawmakers caught up on the rapidly advancing tech. His first, on Sept. 13, is expected to feature tech leaders like Elon Musk, Mark Zuckerberg, and Sam Altman, among others. 

‘These forums will build on the longstanding work of our Committees by supercharging the Senate’s typical process so we can stay ahead of AI’s rapid development,’ Schumer said. ‘This is not going to be easy, it will be one of the most difficult things we undertake, but in the twenty-first century we cannot behave like ostriches in the sand when it comes to AI. We must treat AI with the same level of seriousness as national security, job creation, and our civil liberties.’

The New York Democrat has made AI regulation a marquee goal of his razor-thin majority this Congress, convening a bipartisan AI working group dedicated to getting their colleagues caught up enough to discuss regulatory efforts. 

A member of that working group, Sen. Todd Young, R-Ind., praised the forum series to Fox News Digital and affirmed they would help put lawmakers ‘in the driver’s seat’ on AI.

‘The AI Insight Forums will be a comprehensive way for Congress to explore key policy issues, opportunities, and threats related to artificial intelligence as we develop potential legislative solutions,’ Young said. 

‘The Forums’ style will allow us to explore, with the help of experts and stakeholders, a wide range of topics at a deep level while keeping committees of jurisdiction and their members in the driver’s seat when it comes to the legislative outcomes.’

‘With the rapid evolution of AI in recent years, this process could not be more timely and needed,’ Young said.

It’s the second set of learning sessions that Schumer is rolling out for senators. Before the August recess, his bipartisan working group rolled out a series of informational briefings on AI, culminating in the first-ever classified all-Senate briefing on AI and national security in July.

But despite the relatively bipartisan sentiments toward putting up guardrails on AI, not everyone in the Senate is on board.

‘I am concerned China is investing heavily in AI. I’m also concerned that Democrats want to impose such stringent regulations on the development of AI that it stifles innovation in the United States, and allows China to take the lead,’ Sen. Ted Cruz, R-Texas, told Fox News Digital after the classified July briefing. ‘That would be a generational mistake.’

The ambitious regulatory push comes during a major crunch time for the Senate. The chamber has to work out some sort of spending deal with the GOP-led House to avoid a government shutdown by Sept. 30, in addition to reauthorizing the FAA, FISA and other critical programs by the year’s end. 

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
  • McConnell endorses Trump for president after Super Tuesday results: ‘He will have my support’
  • Senate Minority Whip John Thune to endorse Tim Scott for president
  • Ex-intel officials double down on signing ‘patriotic’ letter against Hunter Biden laptop: ‘Woefully ignorant’
  • Trump attorneys worry jurors won’t be fair due to 2024 election bid, request judge push classified docs case
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Attempt to bar Trump from 2024 ballot gains steam despite ‘dubious’ and ‘dangerous’ legal arguments: experts
next post
NRA says Biden admin’s proposal for more firearms background checks is an attack on law-abiding gun owners

You may also like

Speaker McCarthy faces triangle of troubles

September 17, 2023

Jill Biden to lead national ‘Women for Biden-Harris’ program, campaign...

February 29, 2024

Supreme Court investigation fails to identify leaker of Dobbs draft...

January 19, 2023

Ohio state Senate greenlights education overhaul

March 2, 2023

Nikki Haley slams Ramaswamy over proposal to cut off most...

August 22, 2023

Libertarians select Chase Oliver as presidential nominee, very little support...

May 27, 2024

Trump says Nikki Haley donors ‘permanently barred’ from MAGA movement

January 26, 2024

NY v. Trump: Closing arguments to begin as Merchan skirts...

May 28, 2024

Minnesota Democrat argues for menstrual products in boys’ bathrooms: ‘Not...

January 19, 2023

Senate passes controversial foreign aid bill sending billions to Ukraine,...

February 13, 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

    • The Best Five Sectors, #21

      June 2, 2025
    • Week Ahead: NIFTY Stays In A Defined Range; Moving Past This Level Crucial For Resumption Of Upmove

      May 31, 2025
    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

      May 31, 2025
    • Leadership Rotation Could Confirm Corrective Phase

      May 30, 2025
    • Run Your Stock Portfolio Like a Pro Sports Team

      May 30, 2025

    Popular Posts

    • 1

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

      June 27, 2024 2,766 views
    • 2

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

      August 9, 2024 2,473 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,452 views
    • 4

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

      July 10, 2024 2,434 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,310 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,106)
    • Investing (538)
    • Stock (2,583)

    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

    • The Best Five Sectors, #21

      June 2, 2025
    • Week Ahead: NIFTY Stays In A Defined Range; Moving Past...

      May 31, 2025
    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right...

      May 31, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,106)
    • Investing (538)
    • Stock (2,583)

    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

    ‘Waste of time’: IRS whistleblowers’ testimony...

    July 20, 2023

    Key moderate Republican Don Bacon fends...

    May 15, 2024

    House GOP leaders close ranks around...

    January 4, 2024
    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