Posted 1/11/2024, 11:41:00 PM
Bipartisan Lawmakers Form Working Group to Examine AI Regulation and Impact on Financial Services, Housing
- Bipartisan group of lawmakers created a "Working Group" on AI to explore its impact on financial services and housing industries
- Group will be led by Rep. French Hill (R-Ark.) and Rep. Stephen Lynch (D-Mass.)
- They will examine AI regulation and ensure new regulations consider benefits and risks
- Waters wants to build on previous AI task force work and ensure AI does not worsen inequities
- Comes after Biden signed executive order in October focusing on managing risks of emerging AI technology