The letter outlined how current frameworks are succeeding and where improvement is needed

Washington, D.C. – TechNet, the national, bipartisan network of innovation economy CEOs and senior executives, today submitted a letter to Chair John Hickenlooper (D-CO) and Ranking Member Marsha Blackburn (R-TN) of the Senate Committee on Commerce, Science, and Transportation Subcommittee on Consumer Protection, Product Safety, and Data Security following their request last month to learn how technology companies are incorporating best practices from the National Institute for Standards and Technology’s Artificial Intelligence (AI) Risk Management Framework (RMF) to improve services or products offered to consumers. The following can be attributed to TechNet President and CEO Linda Moore:

“The United States is in a global race with our foreign competitors to win the next era of innovation. While China is striving to win the AI battle, America must lead the way in its development and deployment to ensure AI is implemented responsibly across the globe.

“NIST’s AI RMF can be used as a model for policy development moving forward and lawmakers must be careful to avoid blanket prohibitions and prescriptive restrictions that would diminish our position as the global leader in AI. Instead, any regulations should be risk-based and focused on responding effectively to specific actual harms while allowing for advancements in technology and innovation

“TechNet appreciates the leadership of Senators Hickenlooper and Blackburn on this issue and we look forward to working with them and lawmakers from both parties to ensure the proper safeguards are in place that still allows for American companies to innovate and win the next era of innovation.”

The full letter is available here.