Mediaboss Marketing

On March 9, 2023, the U.S. Chamber of Commerce released both an Executive Summary and Full Report detailing the work done by the Chambers Commission on Artificial Intelligence Competitiveness, Inclusion, and Innovation (AI Commission) over the course of 2022-2023, calling for a risk-based regulatory framework that will allow for [AIs] responsible and ethical deployment. The AI Commission traveled across the United States and to London to hear from expert witnesses, including industry experts, government leaders, company executives, academics, and researchers; gain a better understanding of technological change and the status of AI implementation; and gauge public opinion on AI regulation.

The Summary and Report both related six key takeaways aligned with major themes:

The Report then suggested five Pillars for AI Regulation, which seek to provide a substrate for lawmakers and other policymakers considering how best to address quickly developing AI technologies and the rapid embrace by the market of such tools in a variety of circumstances. The Commissions determinations outlined the following:

Finally, the Report suggested several recommendations according to the following areas:

Among the materials cited by the Commission were two articles authored by BakerHostetler attorneys: AI-Human InteractionSoft Law Considerations and Application, 1 JARWA 4, 360370 (Feb. 18, 2022), which the Commission considered regarding the difference between AI conceptually and simple algorithms, and Archimedes Lever and Audience Participation or Multifactor Soft-Law Transparency for AI System Process Development, 5 RAIL 1 (2022), which was cited for the Commissions considerations of challenges in transparency and issues regarding a one-size-fits-all Transparency mechanism.

More:
Artificial Intelligence Competitiveness, Inclusion, and Innovation ... - Lexology