Sen. Jon Ossoff (D-Ga.) on Monday said President Trump will likely not heed calls from technology leaders to implement guardrails on the development of artificial intelligence (AI) because of his family’s investments in the industry. The Georgia Democrat pointed to venture capitalist firm 1789 Capital, where Trump's eldest son Donald Trump Jr. is a partner,...
Chris Land’s journey to becoming the lead negotiator on a major Senate cryptocurrency bill started far from the halls of Congress. Land, who serves as the staff director for the Senate Banking, Housing and Urban Affairs Subcommittee on Digital Assets, was working in the Wyoming Legislature after law school, not planning to work on crypto,...
GOP leaders in the Capitol and White House are throwing cold water on the notion of quickly adopting new AI safeguards, despite an apocalyptic new warning from industry titans about the threat the technology poses to humankind. Speaker Mike Johnson (R-La.) quickly dismissed the idea of moving swiftly to enact new regulations on the rapidly...
A cryptocurrency regulation bill is poised to face a key test on the Senate floor this week, as lawmakers weigh whether to advance the measure after nearly a year of negotiations. Supporters of the Clarity Act are trying to get crypto-friendly Democrats and a handful of GOP holdouts on board to clear the procedural vote...
President Trump is downplaying the mounting concerns about artificial intelligence and resisting calls for regulation, putting him out of step with a growing chorus of worries coming from within the tech industry and both sides of the political aisle. Trump, speaking with reporters over the weekend and in social media posts on Monday, said warnings...
House Minority Leader Hakeem Jeffries (D-N.Y.) is calling on House GOP leaders to remain in Washington to allow Congress to consider new limits on AI companies following dire warnings from industry insiders about the threat the technology poses to humanity. Speaking to reporters Monday in the Capitol, Jeffries said the calls for a slowdown from...
Senate Majority Leader John Thune (R-S.D.) on Monday said any legislation Congress passes to regulate AI must have a “light touch” so as not to stifle innovation and tempered recent warnings that superintelligent AI could exterminate humanity as a “worst-case scenario.” “It needs to strike a balance, light touch. You don’t want to stifle innovation...
Political figures across the aisle, including Sen. Bernie Sanders (I-Vt.) and former Trump White House adviser Steve Bannon, are finding themselves on the same side of a growing fight over AI regulations. Sanders and Bannon are among a handful of political leaders speaking at a Tuesday event advocating controls to keep humans in charge of...
President Trump on Sunday backed the use of Flock cameras, a controversial surveillance tool. “Speaking of AI, Flock cameras. You haven't talked a lot about these Flock cameras. A lot of law enforcement say they really help them. Would you be willing to back that?” a reporter asked Trump on Air Force One. “No, I...
BEIJING (AP) — China's Ministry of Foreign Affairs on Monday bristled at the Anthropic CEO's call for the U.S. to curb China's artificial intelligence capabilities as part of a wider argument for a global slowdown on AI development. In a lengthy essay published Saturday, Dario Amodei warned that a “Chinese lead in AI would pose...