Artificial Intelligence
Artificial Intelligence (AI) is a transformational technology that has the potential to revolutionize our economy and society, both domestically and globally. The rapid expansion in the use of AI is already having a profound impact across industries—from healthcare to transportation—and offers great hope for increasing economic opportunity, boosting incomes, speeding life science research at reduced costs, and simplifying the lives of consumers.
AI is projected to increase global economic growth by $13 trillion by the end of the decade, making it vital to establish appropriate protections to manage potential risks while maximizing potential benefits.
Policymakers and business leaders must work together to determine a roadmap for optimizing AI’s many benefits and ensuring its responsible and ethical use.
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- The U.S. Chamber and the Greater Houston Partnership hosted Sen. Cruz and business owners on how artificial intelligence can boost small business success.Following the European Union's political agreement on the AI Act, the U.S. Chamber is concerned the Act fails to strike a sensible balance between regulating for risk and promoting innovation.The U.S. Chamber of Commerce appreciates the opportunity to comment on the Department of the Treasury’s Request for Information on Uses, Opportunities, and Risks of Artificial Intelligence in the Financial Services Sector regarding the evolving nature of Artificial Intelligence technologies and their use in the financial services sector.Here's how this region is balancing innovation with safety and trust in AI development ahead of the 2024 Latin America and Caribbean Ministerial AI Summit.The U.S. Chamber of Commerce respectfully submits this statement for the record for the House Financial Services Committee hearing entitled “AI Innovation Explored: Insights into AI Applications in Financial Services and Housing.”The U.S. Chamber of Commerce (“Chamber”) appreciates the opportunity to provide the California Civil Rights Council (“CCRC” or “Council”) feedback on its proposed modification to employment regulations regarding automated-decision systems.The U.S. Chamber of Commerce (“Chamber”) respectfully submits the following statement for the record for the Senate Committee on Commerce, Science, and Transportation hearing titled “The Need to Protect Americans’ Privacy and the AI Accelerant.”After nearly a year of work and numerous insight forums, the Senate AI Working Group released their much-anticipated Roadmap for Artificial Intelligence Policy in the United States Senate.The U.S. Chamber of Commerce has requested Governor Polis to veto Senate Bill 205.
