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The Senate’s long-running working group published its policy recommendation for federal financing of artificial intelligence, where it suggested that Congress should set aside at least $32 billion over the next three years to draft legislation and implement safeguards around it. 
The U.S. government is making additional efforts to control and encourage the development of AI with the <a href="https://www.schumer.senate.gov/imo/media/doc/Roadmap_Electronic1.32pm.pdf" target="_blank" rel="noreferrer noopener">roadmap</a>. However, it is not a concrete bill or proposal; it offers a preview of future AI legislation’s scope, laying the groundwork for more detailed policies to come. 
The roadmap was introduced six days ago by lawmakers in the United States to support President Joe Biden’s administration in enforcing export restrictions on the nation’s best AI models. 
Sen. Charles Schumer’s (D-NY) office released the bipartisan working group’s final report, which outlines the key areas of investment needed to keep the United States competitive against its foreign competitors. 
The proposal aims to enforce “existing laws for AI,” address bias gaps, set testing standards for testing to comprehend possible AI harms., and outline transparency requirements. 
The group needs to research the possible effects of AI on jobs and the U.S. workforce as AI products become available so they also want new new requirements for transparency. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/05/13/ai-use-double-in-6-months-with-75-of-workers-use-ai-at-work/" target="_blank" rel="noreferrer noopener">AI Use Doubled in 6 Months with 75% of Workers Using AI at Work</a> 
</blockquote>

Senators Recommends $32B AI Funding Over 3 Years

The Crypto Times

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