Proposal Aims to Prevent Catastrophic Damage
Schumer's proposal outlines a new regulatory regime to prevent potential catastrophe while ensuring the U.S. leads in transformative technology development. The plan requires Congress and the White House approval, which could take months or longer.
ChatGPT Attracts Lawmakers' Attention
ChatGPT has garnered attention from U.S. lawmakers for its ability to rapidly answer various questions. The program has over 100 million monthly active users, making it the fastest-growing consumer application in history.
Urgency in Addressing Generative AI Concerns
Schumer emphasizes the importance of timely action to prevent potential societal and national security issues arising from powerful AI technologies. His proposal aims to promote positive AI use through strong, bipartisan legislation.
Independent Expert Review of AI Technologies
The proposed regulations require companies to allow independent experts to review and test AI technologies before public release or updates. Users would also have access to the experts' findings. Legislation is yet to be drafted.
China's AI Regulation Approach - A Wake-Up Call
Schumer cited China's recent release of its AI regulatory approach as a wake-up call, urging the U.S. to shape AI rules and not allow China to dominate innovation or establish global standards.
President Biden on AI and Tech Company Responsibility
President Joe Biden believes tech companies are responsible for ensuring their products are safe before making them public. The Commerce Department is also seeking public comments on potential accountability measures for AI.
China's Draft Measures for Generative AI Services
China's cyberspace regulator has released draft measures for managing generative AI services, requiring companies to submit security assessments to authorities before launching offerings to the public.

Major Investments in AI by Microsoft and Google
Microsoft and Google heavily invest in AI to gain a competitive edge in Silicon Valley. Microsoft is a significant investor in OpenAI, the creator of ChatGPT. The companies still need to comment on Schumer's efforts.