Schumer has been leading AI regulation talks along with a bipartisan group of lawmakers he assembled that includes Sens. Martin Heinrich (D-N.M.), Todd Young (R-Ind.) and Mike Rounds (R-S.D.).
The second AI forum was held Tuesday. During the forum, Schumer said there was bipartisan consensus that the government needs to lead AI regulation and “significant resources” for the task.
“The minimum number that was talked about was $32 billion,” Schumer said, adding that even Republicans in the room agreed.
The next AI Insight Forum will be held Wednesday, Schumer said, and will focus on two topics: the impacts of AI on the workforce and areas of “high impact.”
“Workforce is important, and that’s positive and negative. How do we train people, because there’s going to be millions of new jobs created by AI, but also how do we deal with people who might lose their jobs because of AI?” Schumer said.
High-impact areas include sectors such as finance and health care, where AI is already having an effect, Schumer said. The forum will look at how AI is being deployed and if there are built-in biases impacting individuals.
A future forum will be held on election reform, he said.
Read more in a full report at TheHill.com.