Senate

US Eyes AI Regulations that Tempers Rules and Innovation

US Eyes AI Regulations that Tempers Rules and Innovation
US Eyes AI Regulations that Tempers Rules and Innovation
September 15, 2023  |  Artificial Intelligence

The world’s moving on artificial intelligence (AI), and it’s because AI already moved the world. But the story is nothing new: governments are often, and...

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US Senators Admit Tech Oversight Failures, Pledge Stronger Approach With AI 
US Senators Admit Tech Oversight Failures, Pledge Stronger Approach With AI 
September 12, 2023  |  Artificial Intelligence

The U.S. government’s track record of keeping up with innovative technology is relatively lackluster. No new law meant to regulate the tech sector has been...

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US Senate’s Return May Kick AI Regulation Into High Gear
US Senate’s Return May Kick AI Regulation Into High Gear
September 05, 2023  |  Artificial Intelligence

Summer is over, but the generative artificial intelligence (AI) revolution continues to march on. Many of the bleeding-edge large language models (LLMs) from firms like OpenAI, Google and Anthropic  were...

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Revamp of Lummis-Gillibrand Bill Looks to Resurrect Crypto’s American Dream
Revamp of Lummis-Gillibrand Bill Looks to Resurrect Crypto’s American Dream
July 12, 2023  |  Cryptocurrency

U.S. regulation of digital assets isn’t merely the elephant in crypto’s living room. It’s the wildebeest trampling across the domestic crypto industry’s landscape. The U.S....

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Senators Call for New Rules to Combat AI-Powered Scams
Senators Call for New Rules to Combat AI-Powered Scams
July 07, 2023  |  Fraud Prevention

Senators have called on regulators to protect consumers from artificial intelligence (AI)-powered scams. In a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra,...

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Senators Demand Answers From Venmo and Cash App on Fraud
Senators Demand Answers From Venmo and Cash App on Fraud
June 16, 2023  |  Cybersecurity

A quartet of Senate Democrats want Venmo and Cash App to offer better fraud protection. The four senators — Sherrod Brown of Ohio, Elizabeth Warren...

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OpenAI CEO: If AI Goes Wrong, ‘It Can Go Quite Wrong’
OpenAI CEO: If AI Goes Wrong, ‘It Can Go Quite Wrong’
May 16, 2023  |  Artificial Intelligence

The head of ChatGPT parent OpenAI is pleading with Congress to regulate his company’s technology. Testifying before a Senate subcommittee Tuesday (May 16), Sam Altman likened artificial intelligence’s...

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Senators Warn Regulators on Zelle Fraud Risks
Senators Warn Regulators on Zelle Fraud Risks
March 03, 2023  |  Bank Regulation

Five Senate Democrats are sending a warning on Early Warning Services’ Zelle. In a letter addressed to the Federal Reserve, the FDIC, the National Credit...

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