Congress Unites to Democratize AI and Establish Legislation for the Future

US policymakers are considering various approaches to regulate artificial intelligence (AI). The proposals can be categorized into four main areas: rules, institutions, money, and people. In terms of rules, there are debates between those who advocate for minimal government intervention and those who want extensive regulation on liability, copyright, privacy, and algorithmic bias. Licensing requirements and compute regulation are also being discussed. New institutions, such as a dedicated AI regulator or a National Artificial Intelligence Research Resource, are being considered. The goal is to ensure the responsible development and deployment of AI while addressing ethical concerns and potential risks.