The White House unveiled the "AI Action Plan" which includes a revived version of a previously failed AI law moratorium. This moratorium would prohibit states from regulating AI systems for ten years, threatening to withhold federal AI funding from states with strict regulations. The plan emphasizes the importance of avoiding bureaucratic hindrances at the early stages of AI development. The Federal Communications Commission will assess whether state regulations obstruct its responsibilities under existing law. States regulating AI may be penalized federally without a specified expiration for these restrictions.
The White House's new "AI Action Plan" includes a resurrected form of the controversial AI law moratorium, advising against state regulations that could hinder federal funding.
Under the plan, states enforcing their own AI regulations may face federal penalties, as the government seeks to ensure an unrestricted environment for AI innovation.
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