AI could further an ‘erosion of the middle class’ unless Congress takes action, Schumer says

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AI could further an ‘erosion of the middle class’ unless Congress takes action, Schumer says
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Senate Majority Leader Chuck Schumer argued Wednesday that Congress must play a unique role in reining in AI technology.

With some lawmakers acknowledging that Washington waited too long to regulate social media, Congress has been trying to move more quickly to keep up with the rapid rise of artificial intelligence.

— Senate Majority Leader Chuck Schumer With some lawmakers acknowledging that Washington waited too long to regulate social media, Congress has been trying to move more quickly to keep up with the rapid rise of artificial intelligence. For example, his emphasis on foundations means ensuring that AI doesn’t end up warping the essence of U.S. systems, giving an example of the potential for foreign adversaries to affect elections.

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