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Algorithmic Accountability Act: Oversight of AI Decision Systems

This act aims to increase transparency and accountability for companies using artificial intelligence systems to make critical decisions affecting citizens' lives. Companies will be required to assess the impact of these systems on consumers and report potential negative effects, protecting citizens from unfair or harmful algorithmic decisions in key life areas.
Key points
Companies using AI for critical decisions (e.g., in education, employment, finance, healthcare, housing) must assess their impact on consumers.
Mandatory reports to the Federal Trade Commission (FTC) will be required, detailing the operation and potential negative impacts of AI systems.
The FTC will establish a publicly accessible repository of AI system information, allowing citizens to understand their use and how to appeal decisions.
The act seeks to protect citizens' rights by providing recourse for algorithm-made decisions and increasing awareness of AI operations.
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Additional Information
Print number: 117_HR_6580
Sponsor: Rep. Clarke, Yvette D. [D-NY-9]
Process start date: 2022-02-03