What a Proposed Moratorium on State AI Rules Could Mean for You

States couldn't enforce regulations on artificial intelligence technology for a decade under a plan being considered in the US House of Representatives. The legislation, in an amendment to the federal government's budget bill, says no state or political subdivision "may enforce any law or regulation regulating artificial intelligence models, artificial intelligence systems or automated decision systems" for 10 years. The proposal would still need the approval of both chambers of Congress and President Donald Trump before it can become law. The House is expected to vote on the full budget package this week. AI developers and some lawmakers have said federal action is necessary to keep states from creating a patchwork of different rules and regulations across the US that could slow the technology's growth. The rapid growth in generative AI since ChatGPT exploded on the scene in late 2022 has led companies to fit the technology in as many spaces as possible. The economic implications are ... Read full article.