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Welcome to this week's issue of AI: The Washington Report, a joint undertaking of Mintz and its government affairs affiliate, ML Strategies (MLS). The accelerating advances in artificial...
Senator Schumer is committing to moving forward on federal AI legislation. The SAFE Framework, has two components. Some of these principles are security, accountability, protecting our foundations, explainability, and innovation.
>> so nicely put. i don't think you're overstating at all the significance of this. really quickly, you want to give everybody the benefit of the doubt. do you think legislators understood what this bill was going to do? >> i don't know if they read it, tucker? it was alarming to me. it was over 110 pages long. they were told by lobbyists they had listened to for the last 20 years that it's fine. it's just a regulation update. this is what we do as a federal regulations. if you start reading it, you see in there there's a redefinition of currency. that it says government, cbdcs are okay if the...
And i don't think you're overstating at all the significance of this. really quickly, do you think th. and you want to give everyone, a the benefit of the doubt on their motives, but do yount think that legislators in your state understandoubd what s bill was actually designed to do? >> i don't know if they read it, tucker. kno >> sw if theo ity is alarming is it was over one hundred and ten pages longto and they wereyb had by lobbyists that they had listened to for the lastlisten 20 years that it's fine. it's just a regulation update. e do is adoptrt federal regulations. but if you start read...
A regulatory notice will notify changes in structures, procedures or regulations, or provide operational or engineering information and guidance.