AI is a ‘moment of revolution,’ top Democrat says in urging swift action on regulations
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Calling the rapid growth of artificial intelligence tools a “moment of revolution,” Senate Majority Leader Chuck Schumer said Wednesday that the government must act quickly to regulate companies that are developing it.The New York Democrat said he is working on what he calls “exceedingly ambitious” bipartisan legislation to maximize the technology's benefits and mitigate significant risks. While Schumer did not lay out details of such legislation, he offered some key goals: protect U.S. elections from AI-generated misinformation or interference, shield U.S. workers and intellectual property, prevent exploitation by AI algorithms and create new guardrails to ward off bad actors. AI legislation also should promote American innovation, Schumer said in a speech at the Center for Stra...