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Ted Cruz Wants to Help AI Companies Duck Regulations | Move fast and get permission to break stuff.
Move fast and get permission to break stuff.
According to a report from Bloomberg, the Texas Senator plans to introduce legislation that will waive federal regulations for artificial intelligence companies and allow them to test new products without the standard scrutiny or oversight. The proposed bill, which is still being drafted and has not yet been introduced, would reportedly allow AI firms to apply for a two-year waiver that would protect them from having to comply with any “enforcement, licensing, or authorization” requirements from the federal government. While it’s not clear yet what provisions will make it to the final copy of the bill, Bloomberg reported the expectation is that Cruz will introduce the proposal on Wednesday while Kratsios is testifying before the Senate.
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