Schumer launches new phase in push for AI bill

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Schumer launches new phase in push for AI bill
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The Senate majority leader’s “SAFE Innovation framework” sketches out a rough legislative plan on AI — and suggests tech companies could get goodies as well as guardrails from Congress.

unveiled his framework Wednesday to get Congress on a path toward comprehensive AI legislation — though any specific legislative details remain murky.of a “major effort” to develop federal regulations for AI. According to a one-pager from Schumer’s office, the acronym stands for security, accountability, foundations and explain, which together make up four of the five principles underpinning Schumer’s legislative approach to the fast-moving technology.

The fifth principle, innovation, builds off the majority leader’s desire to “support U.S.-led innovation in AI technologies.” Lawmakers are mulling whether to fund research projects and compute infrastructure that could supercharge productivity and help American AI companies compete with foreign rivals.

Schumer said the forums are meant to shake Congress free from its slow-moving committee process in order to regulate the fast-moving technology. In a brief Q&A session at the conclusion of his speech, Schumer said his office had reviewed the European Union’s AI Act and other foreign efforts to rein in the industry, and found that none “have really captured the imagination of the world.”

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