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AI Transparency Act: New Rules for Companies, Protecting Citizens.

This Act introduces new rules for the transparency of advanced artificial intelligence (AI) systems. Companies developing these systems will need to disclose information about the data used to train them and how they operate. This aims to protect citizens from misinformation, biases, and copyright infringement, and to give them better control over the impact of AI on their lives.
Key points
Companies developing advanced AI systems will be required to disclose the data used to train their models, helping to protect copyrights and increase user awareness.
The Federal Trade Commission (FTC) will establish standards specifying what information about AI systems must be publicly available, enabling citizens to make informed decisions.
The Act aims to reduce the risk of AI systems providing inaccurate, imprecise, or biased information, which is particularly crucial in areas like health, finance, and employment.
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Additional Information
Print number: 118_HR_6881
Sponsor: Rep. Beyer, Donald S., Jr. [D-VA-8]
Process start date: 2023-12-22