The Trader Harbor
  • Business
  • Politics
  • World News
  • Stocks
  • Business
  • Politics
  • World News
  • Stocks

The Trader Harbor

Politics

House AI task force chair signals push for legislative measures as election nears

by admin March 4, 2024
March 4, 2024
House AI task force chair signals push for legislative measures as election nears

Congress might consider new legislation on artificial intelligence and its effect on elections this year, according to the chair of the House of Representatives’ new AI task force.

‘I do hope that we’re going to be able to get started on actually creating and passing some legislation. I think that we’re fortunate that there are some things that are very pressing on AI, but there’s other things that relate to medium-term and long-term threats that don’t need to be acted on immediately,’ Rep. Jay Obernolte, R-Calif., told Fox News Digital in an interview.

‘But those short-term threats, I think we can mitigate those this year and I’m hopeful that the task force – we’ll be able to get that done.’

Asked to elaborate on short-term legislative goals, Obernolte said, ‘We have an election coming up – the use of AI to spread myths and disparate information about candidates, I think, is something we should all be able to agree is not only a bad thing for society, but something that could be a threat to people’s trust in our democracy.’

Bills related to combating AI-generated disinformation have been introduced in this Congress amid a flurry of other legislative proposals, as lawmakers race to get ahead of the rapidly emerging technology. But so far, no measures have garnered significant traction.

Obernolte, who made his career as a video game developer before being elected to Congress, called himself an ‘AI optimist.’

He said it has the power to improve Americans’ everyday lives, like leading to lower grocery and gas prices.

‘Any time that you enhance the productivity of our economy, the natural consequences are that things become less expensive to produce, and that creates a rising wave of prosperity that lifts all the boats. So that’s one of the reasons why AI could be a tremendous force for good,’ Obernolte explained.

The California Republican added that AI development comes with ‘substantial risks,’ including more sophisticated cybercrime efforts, like AI being ‘used by nefarious actors to spread myths and disinformation’ and ‘to pierce through digital data privacy’ to steal people’s information.

‘We say that bad people are going to be bad, and they’re going to be bad more effectively with AI, so AI can be used to enhance the ability of cybercriminals to conduct cyber fraud,’ he said.

The task force came together by way of a bipartisan initiative announced last month by Speaker Mike Johnson, R-La., and House Minority Leader Hakeem Jeffries, D-N.Y. It’s co-chaired by Obernolte’s fellow Californian, Rep. Ted Lieu, a Democrat. 

Obernolte said the main focus of his task force would be creating a comprehensive report with recommendations on the next steps in terms of Congress’ role in AI. However, he stressed that legislation should be the end goal to provide long-term stability to the new industry.

‘It does no one any good if we just talk about it, or if we have just have meetings, or if we just create reports. We need to actually pass things, and whatever we pass, I think the number one goal is it has to be durable,’ he said.

‘These companies are making investments of currently hundreds of millions of dollars to train these large language models. And in the future, that price is going to go up exponentially. So, no one is going to make that kind of capital investment if they don’t have some durability, if they don’t have some assurance that the rules aren’t going to change every time the winds of political power shift.’

This post appeared first on FOX NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Macy’s is closing 150 stores nationwide as it seeks ‘bold new chapter’ with greater focus on luxury
next post
Jim Jordan, House Republicans demand Google explain if Biden administration influenced ‘woke’ Gemini AI

Related Posts

Harris, Trump favorability ratings are on the rise...

August 15, 2024

How left and right justices found common ground...

March 5, 2024

Former Justice Breyer throws cold water on theory...

March 25, 2024

Iran will not give up nuclear enrichment, top...

July 22, 2025

What I saw in Israel was inspiring, despite...

March 18, 2024

Biden speaks out for first time since cancer...

May 19, 2025

Possible gunfire breaks out at Trump rally in...

July 14, 2024

Israel strike in Lebanon reportedly kills 4 Hezbollah...

August 6, 2024

RFK Jr. says he plans to also meet...

December 18, 2024

Why Putin prefers Harris over Trump in the...

July 26, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Ben & Jerry’s co-founder resigns, claiming parent company Unilever ‘silenced’ its campaigning

      September 23, 2025
    • The Real Drivers of This Market: AI, Semis & Robotics

      September 23, 2025
    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

      September 23, 2025
    • Macron stakes anti-Trump global role with Gaza initiative at UN summit

      September 23, 2025
    • Trump assassination attempt suspect Ryan Routh questions first witnesses as case nears its final stage

      September 23, 2025
    • Waltz promises US will defend ‘every inch’ of NATO territory after Russian jets flew into Estonia

      September 23, 2025

    Categories

    • Business (1,390)
    • Politics (4,557)
    • Stocks (1,665)
    • Uncategorized (45)
    • World News (1,383)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheTraderHarbor, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thetraderharbor.com | All Rights Reserved