U.S. Senator Ted Cruz has introduced a bill called the Sandbox Act to enable companies developing AI technology to bypass regulations by requiring government exemptions.
According to the billThe bill will “build a federal regulatory sandbox program for artificial intelligence, among other purposes.”
Cruz said in his introduction to the bill that it would allow “outdated or inflexible federal rules” to be immune to AI technology. In addition to establishing a plan for this, the bill (if passed) would allow AI companies to claim a two-year exemption that can be renewed for up to 10 years. As part of this exemption application, tech companies will need to provide detailed information on how to deal with security and financial risks.
The proposed bill is months after Congress Deleted increase expenditure bill That will stop State AI regulations For a decade, Cruz has also lagged behind one measure. During this period there have been many debates about the role that governments should take in regulating AI technology.
In a press release related to the Sandbox Act, Cruz said the bill was about “winning AI competition” with countries such as China. “Following this new AI framework, it can turbocharge economic activities, cut bureaucratic traditional tape festivals, and empower American AI developers while protecting humanity’s prosperity. Sandbox behavior is the first step. It is the first step. It is the entrepreneurial spirit of our country and empowers the rooms created by AI developers while still reducing the risk of any health or consumer.”
