The US Chamber of Commerce is calling for regulation of artificial intelligence

The US Chamber of Commerce released a report calling for national regulation of AI technology. According to Reuters, the report calls on policymakers and business leaders to put in place a regulatory framework to ensure technology is used responsibly to reduce national security risks and not impede industry growth. It was a rare position for a Chamber of Commerce known for its anti-censorship stance.

The report comes as the United States and other countries become increasingly interested in artificial intelligence technologies, including ChatGPT, which is seen as an emerging program capable of quickly responding to various requests, but its impact on national security and education. The consequences worried members of the US Congress.

The report highlighted that artificial intelligence is expected to add $13 trillion to global economic growth by 2030 and has made important contributions to monitoring wildfires and accelerating officials' response. However, the report stresses the need to prepare for the technology's growing popularity and potential risks.

In its report, the Chamber claimed that "all companies and government agencies will use artificial intelligence within 20 years." The report was part of the House Committee on Artificial Intelligence formed last year, which recognized that companies will play an important role in how the technology is used and managed.

While the chamber called for more regulation, she said it was important to avoid creating a regulatory framework that applied equally to everyone, and stressed the need for a flexible approach, with rules and best practices set for each industry as needed.

The continued lack of global regulation in the field of AI has caused concern to many, as it is used for purposes such as cheating, writing fake news, and has allegedly been used by hackers to help write malware.

In this context, in 2021 the European Union launched an artificial intelligence regulatory project called the Artificial Intelligence Act. As the first project of its kind in the world, it aims to formulate laws to regulate AI technology, with the aim of potential legal prevention of AI. Companies are using artificial intelligence in certain areas.

According to Bell's website, AI applications fall into three categories:

  • Unacceptable: These are apps that are used to spy and track people, and the bill aims to ban them entirely.
  • High risk: eg b. Applications to screen and sort resumes that must meet certain legal requirements.
  • Everything else: Any app that doesn't fall into the first two categories because it's allowed to run unregulated.

Many companies that develop AI applications are concerned about potential regulations affecting their operation, as regulations can mean onerous legal requirements; Businesses must comply, which increases costs and slows development.

If the United States or the European Union passed such laws, it would be tantamount to forcing companies to change and possibly reduce the functionality of their software to comply with the new laws.



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