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🗞️ The Latest in AI: Senate majority leader unveils strategy to regulate AI

In a speech on Wednesday, Senate Majority Leader Chuck Schumer unveiled his legislative framework for regulating artificial intelligence. He warned that Congress must act now or risk losing its only chance to regulate rapidly advancing AI technology.

Schumer also plans to launch a series of “AI Insight Forums” this fall, featuring top AI developers, executives, scientists, national security experts and others. He hopes the forums will provide a foundation for more detailed policy proposals for Congress.

The New York Democrat’s “SAFE Innovation for AI” framework has five core pillars:

1. Security: Examine AI threats from foreign adversaries and rogue groups to ensure national security, and ensure economic security for workers (especially low-skilled, low-income).

2. Accountability: Support the creation of responsible systems to address misinformation concerns; support creators by protecting intellectual property.

3. Foundations: Require AI systems to align with democratic values at their core, promote AI’s societal benefits while avoiding potential harm.

4. Explain: Companies should share how AI systems arrive at particular answers in simple and understandable terms so users can better understand AI.

5. Innovation: Support U.S. innovation in AI technologies that focus on maintaining U.S. leadership in technology.

Europe has led the way in AI regulation over the last few months. Now, the U.S. is finally getting involved.

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🤖 AI Tool of the Day: Jump start your home makeover with Remodeled.ai

Remodeled.ai offers a simple three-step AI makeover process that can transform any room.

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📸 Business Spotlight: Emplifi AI Composer wins “Best Text Generative AI Solution” in 2023

Emplifi, a leading customer engagement platform, announced yesterday that its Emplifi AI Composer has been named the winner of the “Best Text Generative AI Solution” award at the sixth annual AI Breakthrough Awards.

Emplifi AI Composer is an AI tool that quickly writes posts and responses to clients and followers across social media. It is currently available through Emplifi’s Scale (or a higher) package.

This tool prompts social media teams to input message instructions and select various customizations such as tone and emojis. It then enriches the content with OpenAI’s GPT-3 framework to generate ready-to-publish social media copy.

Emplifi AI Composer additionally offers real-time performance analytics such as monitoring competitive content and market trends. Campaign analytics and insight can be used to improve decision-making and social media strategy.

Click here to learn more.