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Weekly Policy Updates for December 23, 2024, and December 30, 2024:

Legislation Proposed by Senators to Secure Nation from AI Threats:

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Legislators Across Party Lines Sponsor Bill to Enhance U.S. Security through AI Regulation
Legislators Across Party Lines Sponsor Bill to Enhance U.S. Security through AI Regulation

Weekly Policy Updates for December 23, 2024, and December 30, 2024:

Hey Buddy! Let's dive into the latest happenings in the AI sphere!

🌟 Senators Propose Bill to Secure U.S. Leadership in AI SafetySenators Angus King (I-ME), Mitt Romney (R-UT), Jack Reed (D-RI), Jerry Moran (R-KS), and Maggie Hassan (D-NH) have teamed up to introduce the Preserving American Dominance in AI Act. This bill aims to have the Dept. of Commerce set up an AI Safety Review Office, working closely with American companies to deter foreign adversaries from exploiting leading-edge AI models. The proposed office will offer industry best practices and technical assistance, enforces location disclosure for advanced data centers, implements know-your-customer standards, and imposes cybersecurity requirements on frontier AI model developers.

🌟 U.S. Senators Push for Safe and Secure AI DeploymentSenators Peter Welch (D-VT) and Ben Ray Lujan (D-NM) have recently proposed the Trustworthy by Design AI Act. This bill requires the National Institute of Security and Technology to create a framework so federal agencies can proactively manage AI system risks. The bill requires federal agencies to assess AI systems before deployment and publicly report on their evaluation state for all AI systems.

🌟 South Korea Strengthens AI Competitiveness with New LegislationSouth Korea's national legislature adopted the Basic Law on AI Development and Trust-Based Establishment. This new law seeks to boost the nation's AI competitiveness and refine its regulatory framework. Key aspects of the law comprise the establishment of a National AI Committee, AI Safety Research Institute, and measures to support AI development through R&D, data sets, and data centers. Additionally, the bill sets up a risk-based regulatory framework similar to the EU AI Act, imposing requirements on AI system developers and operators.

💡 Insights: The Preserving American Dominance in AI Act intends to minimize national security risks from cutting-edge AI models by establishing federal oversight, enforcing cybersecurity regulations, and supporting the American industry. The Trustworthy by Design AI Act encourages safe and secure AI deployment and proactive risk management by federal agencies. South Korea's new legislation aims to establish a robust AI regulatory framework and improve the nation's AI competitiveness.

  • In the realm of politics and policy-and-legislation, senators in the United States are taking proactive steps to secure domestic leadership in AI safety, proposing the Preserving American Dominance in AI Act.
  • South Korea is also pushing for competitiveness in AI technology by adopting a new Basic Law on AI Development and Trust-Based Establishment, which includes the creation of a National AI Committee, AI Safety Research Institute, and a regulatory framework similar to the EU AI Act.
  • Meanwhile, in the general news, U.S. senators have proposed the Trustworthy by Design AI Act, a bill that requires federal agencies to assess AI systems before deployment, publicly report on their evaluation state, and create a framework for proactive AI system risk management.

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