• About Us
  • Careers
  • Contact
No Result
View All Result
Friday, June 27, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result

U.S. Legislators Introduce Bipartisan Bills to Regulate AI Transparency and Maintain Global Competitiveness

9 June 2023
in Latest News, News
Reading Time: 3 mins read
102 7
Home News Latest News

In a move highlighting the growing focus on regulating AI technologies globally, United States legislators have introduced two bipartisan regulatory proposals addressing artificial intelligence (AI) transparency and innovation. 

On June 8, 2023, Republican Mike Braun and Democrat Gary Peters unveiled the first bill, which seeks to enforce transparency in the government’s use of AI. This proposed legislation would require U.S. government organizations to publicly disclose their utilization of AI systems, ensuring the public is aware of their involvement. Additionally, the bill aims to establish a mechanism that allows individuals to challenge decisions or judgments made by AI algorithms.

In a separate move, Democratic senators Michael Bennet and Mark Warner, along with Republican senator Todd Young, introduced a second bill. This proposed legislation aims to create an Office of Global Competition Analysis, with the objective of maintaining the United States leadership position in AI advancements. Senator Bennet stressed the need for the country to retain its competitive advantage, particularly against rivals like China, in critical technological areas such as semiconductors, quantum computing, and AI.

These legislative initiatives are a response to the growing interest among lawmakers in understanding and regulating AI technologies. Senate Majority Leader Chuck Schumer has called for three briefings on AI technologies, highlighting the need to gather essential information and insights on the topic.

The U.S. government has already signalled that it was marshalling its resources to preserve its lead in the AI industry and build a comprehensive regulatory framework for the application of the technology. On May 4, 2023, Vice President Kamala Harris convened a meeting with prominent CEOs from the AI industry to discuss concerns surrounding the potential risks associated with AI. Representatives from OpenAI, Microsoft, Google, and AI startup, Anthropic, and nine key advisers from the Biden administration participated in the meeting.

Furthermore, legislators worldwide are increasingly recognizing the importance of regulating artificial intelligence. British government officials have emphasized the need for implementing regulations comparable to those governing nuclear power and healthcare. They stressed the urgency of establishing regulatory measures for AI models, warning that failure to do so within the next two years could pose significant risks to humanity. In Europe, lawmakers are calling for safe and Human-centric AI technologies and establishing a robust governance structure for AI within the European Union, ensuring responsible and ethical practices in the field.

These legislative proposals and international efforts reflect the recognition of AI technology’s potential impact and risks. By addressing transparency, competitiveness, and ethical considerations, policymakers can shape the future of AI to be responsible and beneficial. 

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Tags: AIUS Senate
Share63Tweet40Share11
Previous Post

European Union’s MiCA Regulation Added to Official Journal as Countdown to Implementation Begins

Next Post

U.S. SEC’s Attempt to Classify DEXes As Exchanges Is Unwarranted and Unconstitutional – Paradigm

Durotimi Aribisala

Durotimi Aribisala

Durotimi is a writer who is interested in writing about emerging technologies such as blockchain, Web3, crypto, and AI. He studied business administration and management. He desires to be an entrepreneur and movie director sometime in the future.

Related Posts

source: wamda.com
Crypto

Resolv Protocol Repurchases Tokens Amid Market Drop, Denies Internal Sell-Off Rumors

27 June 2025
source: bristolcreativeindustries.com
Bitcoin

The Smarter Web Company Raises £41.2M points Following Major Bitcoin Purchase

27 June 2025
coincentral.com
Crypto

Upexi to Tokenize Shares on Solana, Expands Crypto Treasury Holdings

27 June 2025
source: thehackernews.com
Crime

Crypto Hack Losses Surge to $2.1 Billion in H1 2025, Led by Private Key and Front-End Attacks – TRM Labs

27 June 2025

Featured Posts

Has Web3 Failed to Protect the Core Innovations of Crypto and DeFi?

Has Web3 Failed to Protect the Core Innovations of Crypto and DeFi?

byOlajumoke Oyaleke
15 June 2025
0

Are Green Cryptocurrencies the Future of Blockchain Sustainability?

Are Green Cryptocurrencies the Future of Blockchain Sustainability?

byOlayinka Sodiq
12 June 2025
0

Web3 Gaming’s Scaling Crisis: Why Innovation Alone Isn’t Enough

Web3 Gaming’s Scaling Crisis: Why Innovation Alone Isn’t Enough

byOlayinka Sodiq
10 June 2025
0

What Is Price Slippage in Crypto & How Can You Avoid It

What Is Price Slippage in Crypto & How Can You Avoid It

byOlayinka Sodiq
4 June 2025
0

The Rise of Decentralized Identity Solutions in DeFi

The Rise of Decentralized Identity Solutions in DeFi

byOlayinka Sodiq
20 October 2024
0

Read More

Chain of Thoughts

Are Stablecoins Bank Deposits?

Are Stablecoins Bank Deposits?

byOlu Omoyele
31 May 2025
0

...

DAOs and the Coordination of Human Endeavour

DAOs and The Coordination of Human Endeavour

byOlu Omoyele
27 April 2025
0

...

Should DeFi Be Regulated?

Should DeFi Be Regulated?

byOlu Omoyele
27 March 2025
0

...

Is Tokenization All That It’s Cracked Up To Be?

Is Tokenization All That It’s Cracked Up To Be?

byOlu Omoyele
26 February 2025
0

...

Markets Update

What South Korea’s Crypto Strategy Signals for the Next Bull Run?

21 hours ago

Why Crypto Projects Are Choosing MiCA Over the US, Even With Regulatory Support on the Rise

22 hours ago

Tokenized Treasuries vs. Stablecoins: Where Will Institutional Capital Flow?

22 hours ago

Ethereum Transaction Fees Plunge to 5-Year Low Amid Network Lull: What This Means for the Crypto Market

1 day ago

First XRP ETF Approved on Toronto Stock Exchange— Is This a Green Light for XRP ETF Approvals in More Countries?

3 days ago

Your Weekend Crypto Roundup | June 2025 (Week 3)

7 days ago
Read More

Events

  • No events
  • Spotlight

    All about Ethereum
    All about Algorand
    All about Bitcoin
    All about Gora

    Press Releases

    Bybit Expands Global Reach with Credit Card Crypto Purchases in 25+ Currencies and Cashback Rewards

    bychainwire
    27 June 2025
    0

    BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision and South Korea Strategy

    bychainwire
    27 June 2025
    0

    The Rise of AI Beings: CARV’s New Roadmap Signals Next Wave of Web3 AI

    bychainwire
    27 June 2025
    0

    Weed® Announces Partnership with Khalifa Kush; Launches Global Commercialization

    bychainwire
    26 June 2025
    0

    GBM Launches Auction Festival with The Sandbox, Aavegotchi, Unstoppable Domains, and More

    bychainwire
    26 June 2025
    0

    Read More

    ADVERTISING

    ABOUT

    TEAM

    CAREERS

    CONTACT

    TERMS & CONDITIONS

    PRIVACY POLICY

    © Copyright 2025 DeFi Planet

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.

    Add New Playlist

    No Result
    View All Result
    • News
      • People
      • Business
      • Crime
      • Regulation
      • Crypto
      • CBDC
    • Markets
      • Bitcoin
      • Ethereum
      • Stablecoins
      • Altcoins
      • Crypto ETFs
      • Memecoins
    • Policy
    • Articles
      • Press Releases
      • Opinion
      • Explainers
      • Guest Post
      • Sponsored
    • Directory
      • Companies
      • People
      • Products
      • Wallets
    • Multimedia
      • Videos
      • Podcasts
    • Learn
      • DeFi Basics
      • Tutorials
      • Reviews
      • Blockchain Fundamentals
    • Research
      • Case Studies
    • Explore
      • DeFi
      • Crypto Gaming
      • NFT
      • DAO
      • Metaverses
    • Jobs
    • Markets Pro
      • DeFi Planet Pro
      • Spend Crypto
      • Swap Crypto
      • Coin Prices
      • Crypto Exchanges
      • Crypto Analyzer

    © Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

    -
    00:00
    00:00

    Queue

    Update Required Flash plugin
    -
    00:00
    00:00