Technology — Schumer takes on AI rules

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View Online Technology Technology The Big Story  Schumer takes on AI rules As tech companies ramp up use of artificial intelligence tools, Senate Majority Leader Chuck Schumer (D-N.Y.) released a framework to regulate the booming industry.  © Annabelle Gordon, The Hill The Senate majority leader's proposed framework — which follows voluntary guidelines previously released by the federal government —  aims to increase transparency and accountability of AI technology.   It comes on the heels of of warnings from experts about the rise in AI following the popularity of the ChatGPT chatbot.    "Given the AI industry's consequential and fast moving impact on society, national security, and the global economy, I've worked with some of the leading AI practitioners and thought leaders to create a framework that outlines a new regulatory regime that would prevent potentially catastrophic damage to our country while simultaneously making sure the U.S. advances and leads in this transformative technology," Schumer said in a statement Thursday.   The framework would require companies to allow independent experts to review and test AI technologies ahead of public releases and updates.   The disclosure will include four guardrails: Who, Where, How, and Protect, according to Schumer's announcement.    The guardrails seek to inform users and give the government data to regulate, as well as align systems with American values.   Read more in the full report at TheHill.com. Welcome to The Hill's Technology newsletter, I'm Rebecca Klar — tracking the latest moves from Capitol Hill to Silicon Valley. Did someone forward you this newsletter? Subscribe here. Essential Reads  How policy will be impacting the tech sector now and in the future: Arrest made in Cash App founder Bob Lee's stabbing death: reports SAN FRANCISCO (KRON) – An arrest has been made in tech mogul Bob Lee’s stabbing death in San Francisco, according to multiple reports citing local officials. Mission Local first reported the arrest, saying police had been dispatched Thursday morning with a warrant for a man in nearby Emeryville, whom Lee apparently knew. San Francisco Supervisor Aaron Peskin also confirmed the arrest, according to the San Francisco Chronicle, …  Full Story House Democrat presses TikTok CEO for 'unanswered' questions on data privacy, kids' safety The top Democrat on the House Energy and Commerce Committee is pressing TikTok to answer questions raised by members of the panel about data privacy, kids' online safety and national security concerns. Rep. Frank Pallone Jr. (N.J.), ranking Democrat on the Energy and Commerce panel, sent a letter to TikTok CEO Shou Zi Chew pressing him to address “unanswered questions” raised by members of the panel during a hearing …  Full Story Twitter revamps monetized subscriptions tool Twitter is launching a program to let users offer their followers paid subscriptions to content, an apparent revamp of the platform's old "Super Follows" monetized subscription tool.  Twitter CEO Elon Musk on Thursday invited users to "apply to offer your followers subscriptions of any material, from longform text to hours long video!" Musk said that, for the next year, Twitter will "keep none of the money" from the program …  Full Story Amazon 'investing heavily' in AI, CEO says Amazon CEO Andy Jassy told shareholders Thursday that the company will be “investing heavily” in artificial intelligence (AI) while also noting where the company has cut costs in recent months. In his annual letter to shareholders, Jassy said 2022 was “one of the harder macroeconomic years in recent memory,” adding that the company took steps to close physical store locations, including Bookstores and …  Full Story The Refresh  News we've flagged from the intersection of tech and other topics: Gig work expands across industries The gig work economy is expanding across industries, beyond the Silicon Valley-based app companies most Americans associate the term with, and highlighting concerns around what workers are entitled to certain protections, The New York Times reported. Fortnite offers virtual Coachella experience  As Coachella attendees head to California for the music festival this weekend, others can experience a virtual recreation on Fortnite's Coachella Island, Mashable reports.  On Our Radar  Upcoming news themes and events we're watching: Federal Trade Commission Chair Lina Khan will speak at the 23rd Annual Loyola Antitrust Colloquium on Friday at 1:30 p.m. ET. In Other News  Branch out with other reads on The Hill: Arkansas requires parents' OK for children on social media LITTLE ROCK, Ark. (AP) — Arkansas on Wednesday became the second state to restrict social media use by children, as Gov. Sarah Huckabee Sanders approved legislation requiring minors to get their parents’ permission to create a new account. The bill signed by the Republican governor requires … Full Story What Others are Reading  Two key stories on The Hill right now: McConnell to return to Capitol after five-week absence  Senate Republican Leader Mitch McConnell (Ky.) on Thursday announced he would return to the Capitol on Monday for the first time in more than five … Read more 100 days in power: House GOP honeymoon may be over For Speaker Kevin McCarthy, the honeymoon may be over.  The California Republican endured a torturous road to the Speakership in January but recovered … Read more What Others are Reading  Opinions related to tech submitted to The Hill: Why Taiwan's tech sector is beyond Beijing's reach   You're all caught up. See you tomorrow!  Check out The Hill's Technology page for the latest coverage. Like this newsletter? 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