BILL: Federal Artificial Intelligence Risk Management Act of 2023 (S.3205)

S. 3205 - Federal Artificial Intelligence Risk Management Act of 2023

Bill Overview

• Title: Federal Artificial Intelligence Risk Management Act of 2023
• Introduced by: Sens. Jerry Moran (R-Kan.) and Mark Warner (D-Va.)
• Purpose: To establish guidelines for federal agencies to manage risks associated with Artificial Intelligence (AI) by leveraging the Artificial Intelligence Risk Management Framework developed by the National Institute of Standards and Technology (NIST).

Current Status

• The bill was introduced in the Senate on November 2, 2023, and has been referred to the Committee on Homeland Security and Governmental Affairs.

Key Elements of the Bill

• Framework Implementation:
  • Agencies must adopt the NIST AI Risk Management Framework.
  • Guidelines include standards, practices, and cybersecurity strategies for AI systems.
  • Agencies to develop specific profiles for AI use.
• OMB and GAO Roles:
  • Office of Management and Budget (OMB) to issue guidance on framework integration and report to Congress on agency compliance.
  • Government Accountability Office (GAO) to study the framework's impact on AI use in agencies.
• Procurement and Workforce Development:
  • Federal Acquisition Regulatory Council to establish AI procurement regulations.
  • OMB to initiate an AI workforce expertise program.
• Testing and Evaluation:
  • NIST to study and develop voluntary consensus standards for AI testing and evaluation.

Support and Critiques

• Support from Tech Companies and Experts:
  • Companies like Workday, Microsoft, IBM, and Okta have expressed support, highlighting the bill’s potential to promote responsible AI use and trust in AI technologies​​​​.
  • IEEE-USA and the Enterprise Cloud Coalition support the bill for its role in safeguarding public welfare and promoting innovation in AI​.
  • Academics note the bill's comprehensive approach to AI procurement and risk management as crucial for making consequential decisions with AI​.
  • Hugging Face emphasizes the bill's contribution to inclusive and safer AI technology development.