Tech and AI experts are briefing senators on the technology's rapid advancement behind closed doors on Wednesday.
FOX Business host Charles Payne provides insight on buying Amazon and Apple stocks on 'The Big Money Show.' Tech giants and experts in the field of artificial intelligence are set to brief senators on the technology’s rapid advancement on Wednesday, in the first-ever bipartisan Senate AI Forum.
"There's going to be an interest in how do we… stay as competitive as anybody, as a place where we develop AI capabilities? The other part of it is how do we then protect our public with regard to transparency, privacy issues, and so forth," Sen. Mike Rounds, R-S.D., told Fox News Digital on Tuesday. Rounds is co-moderating the forum alongside Senate Majority Leader Chuck Schumer, D-N.Y. The event, which will feature Tesla CEO Elon Musk,The senator said lawmakers were looking to hear from a wide array of people in order to foster "different points of view" and "competition.""We're doing it behind closed doors, kind of in a way, so that they speak perhaps a little more freely to the members about some of the challenges that the members will find as they look at either promotingThe event is broken up into two sessions, with Schumer moderating the first and Rounds taking over the second. "Because we're going to have so many people there, to try to get around everybody to ask questions, what we'll probably do is invite some folks to send some questions to us and then we'll pick and choose," Rounds said. "The idea here is not so much to answer specific technical questions as it is to get a sense and a background sense from these folks who are in these industries about what the threats are, what the opportunities are, and so forth."a bipartisan effortOther notable figures expected to attend the forum are Bill Gates, American Federation of Teachers President Randi Weingarten, and AFL-CIO union boss Elizabeth Shuler, among others. "Public support for unions is at near record highs because workers are tired of being guinea pigs in an AI live experiment," Shuler told Fox News Digital in a statement ahead of her appearance. "The labor movement knows AI can empower workers and increase prosperity – but only if workers are centered in its creation and the rules that govern it. Workers understand how to do our jobs better than any boardroom or algorithm. Bring us in as full partners in this transformation." Schumer said on the Senate floor Tuesday, "We’ll have AI advocates and critics, CEOs and unions, leading experts and researchers, all together in one room, talking about where Congress should start, what questions to ask, and how to build consensus for safe innovation.""That’s what any action on AI must be: balanced and bipartisan. Balanced, in a way that gives everyone a seat at the table, and prioritizes both innovation – the kind of transformational innovation that AI can bring, whether it’s curing disease or improving education or making businesses more efficient or protecting our security," Schumer said. "But, there’s also innovation in keeping guardrails, the kind of essential innovation that is needed to prevent AI from going off track and we might lose it all."
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