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The United States House of Representatives Democrats have taken a proactive step towards the regulation of artificial intelligence (AI) by establishing an AI working group. 
Comprising 97 members, the New Democrat Coalition unveiled this group on August 15th. 
Their primary goal is to collaborate with President Joe Biden’s administration, stakeholders, and representatives from both sides of the political spectrum to construct sensible and bipartisan regulations for the rapidly growing AI sector. 
With an emphasis on nurturing AI’s potential for economic growth, the working group acknowledges the importance of safeguarding the workforce. 
They are dedicated to devising strategies that will protect individuals whose jobs might be threatened by the rise of AI-driven technologies, ensuring that they can remain employed. 
Heading this initiative is Representative Derek Kilmer, who will serve as the chair of the AI working group. 
Kilmer highlighted the pressing concern regarding the dissemination of misinformation and the proliferation of sophisticated AI-generated deepfakes across the internet. 
He expressed the urgency of addressing these issues, emphasizing the need for Congress to swiftly grasp the intricacies of such matters to effectively counteract them. 
The AI working group’s intentions align with the broader sentiment expressed by various stakeholders, including legislators, academics, and prominent tech CEOs. 
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Recognizing the potential risks associated with unchecked AI advancements, Vice President Kamala Harris and senior advisors under President Biden convened with industry CEOs in May. 
This meeting aimed to discuss the inherent dangers AI poses and explore ways to mitigate them. 
Furthermore, President Biden, acknowledging the significance of AI, convened a meeting in June with leading AI experts in Silicon Valley. 
This meeting served as a platform for thorough deliberation on the potential hazards brought about by AI’s rapid evolution and strategies to manage and regulate its growth. 
In conclusion, the United States House of Representatives’ Democrats have formed an AI working group composed of 97 members, aimed at responsibly shaping AI legislation. 
Their collaborative approach, involving various stakeholders, seeks to harness AI’s benefits while addressing concerns about misinformation and deepfakes. 
These efforts align with recent discussions led by Vice President Kamala Harris and President Joe Biden, underlining the growing recognition of the need to regulate and manage the risks associated with AI advancements. 
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US House Democrats Launch AI Working Group to Address Regulation and Deepfake Concerns

Crypto Intelligence

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