AI Foundation Model Transparency Act of 2023
If enacted, HB6881 would require covered entities, which include organizations generating significant output using foundation models, to disclose extensive information about the training data, model documentation, and operational practices. The FTC would have the authority to enforce these regulations, treating violations as unfair or deceptive acts under existing trade laws. This bill aims to hold entities accountable for the data they use and how they deploy AI technologies, ensuring that consumers and copyright owners have access to pertinent information. The goal is not only to improve market transparency but also to uphold consumer rights and bolster copyright enforcement.
House Bill 6881, also known as the AI Foundation Model Transparency Act of 2023, aims to enhance transparency regarding artificial intelligence (AI) foundation models by directing the Federal Trade Commission (FTC) to establish standards for making public the training data and algorithms used in these models. The bill recognizes the increasing public access to AI and the associated legal and ethical concerns surrounding copyright infringement, biased information, and the overall impact of AI outputs on society. It emphasizes the necessity for clear guidelines to facilitate informed decision-making by users while protecting the intellectual property of developers.
Notable points of contention surrounding HB6881 include concerns over privacy, the potential burden on developers, and the specificity of the standards to be set by the FTC. Critics might argue that requiring extensive disclosures could stifle innovation or limit the competitive edge of firms in the rapidly evolving AI field. Furthermore, there might be debates around how to balance transparency with the need for protecting proprietary algorithms and trade secrets. As the bill is implemented, the effectiveness of these regulations in enhancing consumer protection without hindering technological advancement will be closely monitored.