Senator Mark Kelly Pushes for AI Regulation Funding from Tech Firms

What Happened

Senator Mark Kelly has introduced a policy proposal urging major AI technology companies to pay federally administered fees, which would be used to bolster the oversight and regulation of artificial intelligence systems. The suggested framework specifically targets leading tech firms deploying powerful AI models that may pose significant risks to the public. Funding collected through these fees would be used to support government efforts in monitoring, auditing, and developing safety standards for emerging AI technologies. This move reflects growing concerns among lawmakers about the rapid advancement and societal impact of AI, and aims to ensure companies bear part of the responsibility for regulating the sector.

Why It Matters

This proposal highlights increasing momentum for government oversight in AI as the technology accelerates across industries. Requiring tech firms to help fund regulatory efforts could shape future policy and ensure better accountability in AI development. Read more in our AI News Hub