The US Senate and Silicon Valley reconvene for a second AI Insight Forum

Senator Charles Schumer (D-NY) once again played host to Silicon Valley's AI leaders on Tuesday as the US Senate reconvened its AI Insights Forum for a second time. On the guest list this go around: manifesto enthusiast Marc Andreessen and venture capitalist John Doerr, as well as Max Tegmark of the Future of Life Institute and NAACP CEO Derrick Johnson. On the agenda: "the transformational innovation that pushes the boundaries of medicine, energy, and science, and the sustainable innovation necessary to drive advancements in security, accountability, and transparency in AI," according to a release from Sen. Schumer's office. Upon exiting the meeting Tuesday, Schumer told the assembled press, "it is clear that American leadership on AI can't be done on the cheap. Almost all of the experts in today's Forum called for robust, sustained federal investment in private and public sectors to achieve our goals of American-led transformative and sustainable innovation in AI. Per National Security AI Commission estimates, paying for that could cost around $32 billion a year. However, Schumer believes that those funding challenges can be addressed by "leveraging the private sector by employing new and innovative funding mechanisms – like the Grand Challenges prize idea." "We must prioritize transformational innovation, to help create new vistas, unlock new cures, improve education, reinforce national security, protect the global food supply, and more," Schumer remarked. But in doing so, we must act sustainably in order to minimize harms to workers, civil society and the environment. "We need to strike a balance between transformational and sustainable innovation," Schumer said. "Finding this balance will be key to our success." Senators Brian Schatz (D-HI) and John Kennedy (R-LA) also got in on the proposed regulatory action Tuesday, introducing legislation that would provide more transparency on AI-generated content by requiring clear labeling and disclosures. Such technology could resemble the Content Credentials tag that the C2PA and CAI industry advocacy groups are developing. "Our bill is simple," Senator Schatz said in a press statement. "If any content is made by artificial intelligence, it should be labeled so that people are aware and aren't fooled or scammed." The Schatz-Kennedy AI Labeling Act, as they're calling it, would require generative AI system developers to clearly and conspicuously disclose AI-generated content to users. Those developers, and their licensees, would also have to take "reasonable steps" to prevent "systematic publication of content without disclosures." The bill would also establish a working group to create non-binding technical standards to help social media platforms automatically identify such content as well. "It puts the onus where it belongs: on the companies and not the consumers," Schatz said on the Senate floor Tuesday. "Labels will help people to be informed.