The Chicago Entrepreneur

: Sen. Schumer is latest to take steps to regulate AI

Senate Majority Leader Chuck Schumer, Democrat from New York, is the latest politician to take on AI. “I look forward to working across the aisle, across the industry and across the country and beyond, to shape this proposal and refine legislation to make sure AI delivers on its promise to create a better world,” Schumer said in a statement Thursday. A push for regulatory guardrails comes amid a fierce debate over the benefits and pitfalls of artificial intelligence. On Tuesday, the Commerce Department issued a formal public request for comment on accountability measures for technology that includes potentially risky new AI models. Such models would be required to go through a certification process before they are released.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Previous post : Gold logs its second highest settlement on Comex
Next post : WeWork venture defaults on San Francisco office building: report