Driving The Day

Today is May 17, 2024, and here are the key policymaker and stakeholder actions on AI you need to know: In Washington, SEC Chair Gary Gensler may ask for additional public feedback on a proposal that would regulate the use of AI by brokers and investment advisers. Meanwhile, Tech Policy Press reported that reactions among civil society groups to Majority Leader Schumer’s (D-NY) AI framework released this week “were almost uniformly negative, with perspectives ranging from disappointment to condemnation.” Across the pond, the U.K.’s Competition and Markets Authority announced the tie-up between Mistral and Microsoft does not meet the legal criteria for investigation on antitrust grounds. Lastly, the Council of Europe adopted an AI treaty establishing “transparency and oversight requirements” to address certain AI risks.

In this issue:

• Washington in Focus: The Biden administration is trying to tackle diversity challenges in federal AI hiring.

• Around the Nation: California lawmakers advance big AI bills with some cost-cutting.

• Across the Pond: EU warns Microsoft it could be fined billions over missing GenAI risk info.

• Global Highlights: Japanese government drafts basic AI regulation policies and plans to require disclosure of safety information.

• Outside Views: Sony Music Group warns more than 700 companies against using its content to train AI.

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