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Weekly Policy Updates, Nov 18, 2024: Key Decisions and Developments

Lawmakers in the U.S. Congress, specifically Representatives Ted Lieu (D-CA) and Kevin Kiley (R-CA), have proposed legislation boosting the fines for perpetrating mail, telecommunications, banking fraud, and money laundering, all of which involve the use of artificial intelligence (AI).

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Legislation on AI-Assisted Frauds: US Reps. Ted Lieu (D-CA) and Kevin Kiley (R-CA) Introduce Bill...
Legislation on AI-Assisted Frauds: US Reps. Ted Lieu (D-CA) and Kevin Kiley (R-CA) Introduce Bill Aimed at Enhancing Penalties for Mail Fraud, Wire Fraud, Bank Fraud, Money Laundering, and associated AI-related activities.

U.S. Government Initiatives

  1. Competing on Key Technologies: The U.S.-China Economic and Security Review Commission suggested funding a massive project to develop advanced AI capabilities. They also recommended providing the executive branch with multiyear contracting authority and prioritizing AI items within the defense budget.
  2. AI in Military Applications: An Agreed Approach: In a recent meeting with China’s President Xi Jinping, President Joe Biden affirmed the importance of developing AI for military purposes in a responsible manner, acknowledging potential safety risks.

Weekly Policy Updates, Nov 18, 2024: Key Decisions and Developments

Bipartisan Bill Targeting AI-Assisted Fraud: Recently, Representatives Ted Lieu and Kevin Kiley proposed a bill that toughens penalties for committing mail, wire, and bank fraud, as well as money laundering if AI is used in the process. This shows the growing concern over the use of AI for criminal purposes.

While these initiatives are significant, there are ongoing discussions about further regulations.

The Need for Urgent AI Regulation

  • UN's Call for Action: The United Nations is advocating for urgent regulation of AI technology, particularly in military contexts, to prevent disparities between nations about access to advanced AI capabilities.
  • Global AI Governance: As concerns over AI use in military and civilian sectors escalate, discussions about setting global standards are becoming more prevalent. The U.S. and other nations are increasingly involved in these discussions.

crucial areas of Focus

  • Fraud Prevention: While specific regulations for fraud prevention in AI military applications are not widely detailed, securing data management and preventing unauthorized use of government data is essential.
  • Competition in Military Technologies: Initiatives like the Protecting AI and Cloud Competition in Defense Act of 2025 prioritize competition and reducing barriers to entry for smaller contractors.
  • Responsible Development and Deployment: The emphasis is on ensuring ethical use, data protection, and national security implications of AI systems are considered during development and deployment.

These ongoing efforts indicate a growing concern over the responsible development and competitive use of AI in military contexts, with a focus on innovation, security, and ethical considerations.

  1. The need for regulations on artificial-intelligence technology, particularly in military applications, is being advocated by the United Nations to avoid disparities among nations in accessing advanced AI capabilities.
  2. As global concerns over AI use in military and civilian sectors increase, discussions about setting global standards for general-news and politics purposes are becoming more prevalent.
  3. In the area of fraud prevention, securing data management and preventing unauthorized use of government data are crucial aspects of the regulations being considered for AI military applications.

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