Subcommittee on CMT Holds Hearing on Seizing America’s AI Opportunity
WASHINGTON, D.C. – Today, Congressman Gus Bilirakis (FL-12), Chairman of the Subcommittee on Commerce, Manufacturing, and Trade, led a hearing titled AI Regulation and the Future of US Leadership . “Our task is to protect our citizens and ensure that we don’t cede U.S. AI leadership. Much of the AI marketplace is comprised of small start-ups looking to get a foothold in this revolutionary space,” said Chairman Bilirakis. “And heavy-handed regulations may ensure that the next great American company never makes it. If we fail in this task, we risk ceding American leadership in AI to China, which is close on our heels.” Watch the full hearing here . Below are key excerpts from today’s hearing: Congressman Russ Fulcher (ID-01): “In the face of Chinese progress in emerging technologies, I'm concerned about the US's ability to maintain its leadership position, if in fact we still have one – I’d like to get your opinion on that – in an AI race. Especially if we were to follow the European approach, which I don't see us doing, or allow a patchwork of AI rules to develop across the various states. So with that, if you could just share, are you confident? Are we still in the lead in AI? And can we continue to maintain the edge in AI technology over China on this path?” Mr. Bhargava: “Yes, I believe the US does still have a lead, but many of the Chinese models are 85 to 90% of the way there to where the cutting-edge US models are. So I'd say it's not a major lead, but we certainly do have a lead from a technology perspective of most of the evaluations of AI models done.” Congressman Jay Obernolte (CA-23): “As the Chairman of the House AI Task Force last year, and as someone who saw this group of 24 members of Congress from both sides all come together on this issue, it really hurts my heart that it's being painted as such a divisive, partisan issue because I don't think it is. You know, the assertions have been made that this was a last-minute thing and ‘in the dead of night.’ I think someone used the phrase ‘it was inserted,’ but I want to talk about the motivation here. It's been very alarming, as we have seen in the first 5 months of this year go by, the number of bills introduced on the topic of AI regulation in state legislatures across the country. Over 1,000 now have been introduced and this is what's lending urgency to this issue.” Congresswoman Laurel Lee (FL-15): “Artificial intelligence is not just the technology of the future. It is already transforming the way that we live, work, and govern, and it is reshaping nearly every sector of our economy. The question before us is not whether to act, it is how to act wisely. So as policy makers, we have two responsibilities. One is to protect the public from real risks, but second, to ensure that American innovation continues to lead the world. Those goals are not mutually exclusive. In fact, the right policy framework can achieve both, so I appreciate you all being here today to help us strike that balance.” ###