"Decoding the Future of AI Regulation"
AI developer Gary Marcus suggests that AI regulation should include licensing auditors, algorithmic auditing, and accountability provisions to ensure procedural fairness and privacy safeguards. Strengthening existing statutes on consumer safety, privacy, and protection while introducing norms of algorithmic accountability would help demystify complex AI systems. The danger is narrow audits that promote the appearance of compliance. The most feasible regulatory options for Congress to address potential algorithmic harms from AI may be to strengthen disclosure requirements for AI firms and users of AI alike, to urge comprehensive adoption of AI risk assessment frameworks, and to require processes that safeguard individual data rights and privacy.