Driving The Day

Today is August 6, 2024, and here are the key policymaker and stakeholder actions on AI you need to know: In Washington, DC, bipartisan pairs of lawmakers in both chambers introduced bills to “establish regulatory guardrails” that would allow financial companies to test the use of AI in their products and services. Meanwhile, Senate Majority Leader Chuck Schumer (D-NY) suggested election-related deepfake bills could be passed soon if they’re attached to the “must-pass funding bill needed to avert a government shutdown at the end of September.” Lastly, Axios described Colorado’s new AI law as “a national model other states are looking to emulate,” but also noted the law is an ongoing source of tension “between consumer advocates and the tech industry.”

In this issue:

• Washington in Focus: Axios described where Democratic V.P. candidate Tim Walz stands on tech policy.

• Around the Nation: States eye ways to boost data centers without endangering grid.

• Across the Pond: Industry leaders warn U.K. risks “falling behind” amid 1.3 billion pounds in AI funding cuts.

• Global Highlights: Qatar is investing $2.4 billion to bolster its AI capabilities.

• Outside Views: The Center for Data Innovation argues policymakers should capitalize on positive public opinion to promote beneficial AI use.

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