How senators plan on regulating AI: Law Decoded, Sept. 4–11 By Cointelegraph
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Last week, two United States senators unveiled a bipartisan blueprint for artificial intelligence (AI) legislation. The framework put forward by Senators Richard Blumenthal and Josh Hawley advocates for mandatory licensing for AI firms and makes it clear that technology liability protections will not shield these companies from legal action.
The framework proposes creating a licensing system overseen by an independent regulatory body. It mandates that AI model developers register with this oversight entity, which would possess the authority to conduct audits of these licensing applicants. It also suggests that Congress should make it explicit that Section 230 of the Communications Decency Act, which provides legal protections to tech firms for third-party content, does not extend to AI applications.
Australian lawmakers reject crypto bill
China shut down 80 crypto influencers’ accounts
Taiwan will restrict unregistered foreign crypto exchanges
Continue Reading on Coin Telegraph
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Last week, two United States senators unveiled a bipartisan blueprint for artificial intelligence (AI) legislation. The framework put forward by Senators Richard Blumenthal and Josh Hawley advocates for mandatory licensing for AI firms and makes it clear that technology liability protections will not shield these companies from legal action.
The framework proposes creating a licensing system overseen by an independent regulatory body. It mandates that AI model developers register with this oversight entity, which would possess the authority to conduct audits of these licensing applicants. It also suggests that Congress should make it explicit that Section 230 of the Communications Decency Act, which provides legal protections to tech firms for third-party content, does not extend to AI applications.
Australian lawmakers reject crypto bill
China shut down 80 crypto influencers’ accounts
Taiwan will restrict unregistered foreign crypto exchanges
Continue Reading on Coin Telegraph
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