Today, a coalition of leading organizations urged members of the U.S. House of Representatives Task Force on Artificial Intelligence to adopt a flexible, pro-innovation governance strategy for AI. In a joint letter addressed to Chair Jay Obernolte and Co-Chair Ted Lieu, the coalition emphasized the need to unlock AI’s transformative potential while cautioning against overly restrictive regulatory measures.
AI can revolutionize various sectors, including healthcare, scientific discovery, and economic growth. The letter underscores the importance of a balanced regulatory framework that fosters innovation while addressing legitimate concerns.
Read the full coalition letter here.
Key Takeaways:
- Utilize Existing Authorities and Institutions: The coalition encourages lawmakers to leverage existing regulations and institutions before creating new ones, highlighting the example of the Federal Trade Commission’s authority over AI-related fraud.
- Draw from Current Expertise and Investments: The National Institute of Standards and Technology’s AI Risk Management Framework exemplifies a voluntary, consultative approach that is more effective than top-down regulation.
- Enable Experimentation: A culture of experimentation is vital for exploring AI’s potential, and a regulatory framework should embrace innovation as innocent until proven guilty, following the Innovator’s Presumption.
- Avoid Ceding the AI Space to Illiberal Countries: The United States should maintain its leadership in AI to counter investments by countries like China and Russia, which may not share the goal of responsible AI development.
The coalition argues that the United States became a global leader in technology and innovation due to its balanced regulatory approach. To maintain this leadership, they urge lawmakers to avoid stifling innovation through overregulation. Instead, they advocate for utilizing existing laws to ensure responsible AI development.
The organizations stand ready to collaborate with the Task Force on Artificial Intelligence to create a framework that maintains U.S. leadership, balances innovation with safety, and unlocks AI’s immense potential. They encourage all concerned citizens to support H.R. 8051, the Earmark Elimination Act, and to contact their representatives to voice support for a pro-innovation AI framework.
For media inquiries, please email [email protected] to inquire about the above content.
The American Consumer Institute is a nonprofit education and research organization. For more information about the Institute, visit www.TheAmericanConsumer.Org or follow us on X @ConsumerPal.