AI Disclosure Act of 2023

The AI Disclosure Act of 2023, also known as Bill 118 hr 3831, is a piece of legislation introduced in the US Congress aimed at regulating the disclosure of artificial intelligence (AI) technology. The bill requires companies and organizations that develop or use AI systems to provide clear and transparent information about how these systems work, including their capabilities, limitations, and potential biases.

Under the AI Disclosure Act, companies must disclose the data sources used to train their AI systems, as well as any algorithms or models employed in the development process. Additionally, companies must disclose any potential risks or biases associated with their AI systems, particularly those that could impact individuals' rights or freedoms.

The bill also includes provisions for the Federal Trade Commission (FTC) to enforce compliance with these disclosure requirements and to investigate any complaints of non-compliance. The FTC is authorized to impose fines and other penalties on companies that fail to disclose information about their AI systems as required by the legislation. Overall, the AI Disclosure Act of 2023 aims to promote transparency and accountability in the development and use of AI technology, with the goal of ensuring that these systems are used in a responsible and ethical manner. The bill is currently under consideration in Congress and has garnered bipartisan support for its efforts to address the growing concerns surrounding AI technology.