Washington, D.C. – TechNet, the national, bipartisan network of innovation economy CEOs and senior executives, today released the following statement, attributed to TechNet President and CEO Linda Moore, following the reveal of the SAFE Innovation Framework around regulating artificial intelligence (AI) by Senate Majority Leader Chuck Schumer (D-NY):
“Artificial intelligence is a transformational technology that has the potential to revolutionize how we live and work and help us solve the greatest challenges of our time. 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.
“Leader Schumer recognizes this and deserves tremendous credit for his leadership to advance policies that help the U.S. win the next era of innovation, including the bipartisan CHIPS and Science Act. Leader Schumer’s SAFE Innovation Framework is a thoughtful approach to regulating AI. As AI legislation moves forward, regulations must be developed in collaboration with experts to ensure that the safeguards put into place respond to specific known consumer harms without stifling innovation and America’s ability to lead on AI.
“We look forward to working with Leader Schumer and members of Congress to educate and inform lawmakers on ways to effectively utilize and regulate AI so that the U.S. can win the next era of innovation.”