The Future of Artificial Intelligence Innovation Act of 2024 outlines its purpose and structure in its first section. It includes a short title, a detailed table of contents listing key components such as voluntary AI standards, international cooperation for innovation, and AI research and development areas.

Congress believes that rules about artificial intelligence should help develop and use AI in a way that benefits everyone, including both private companies and the government.

The section provides definitions for several terms related to artificial intelligence and technology. These include "agency," "artificial intelligence," "AI blue-teaming and red-teaming," and "generative AI," among others, and it also covers concepts like "critical infrastructure" and "watermarking" for digital content verification.

The Artificial Intelligence Safety Institute is established to help the private sector and government develop best practices for assessing AI systems and improve the quality of government services using AI. The Institute will create guidelines and standards for AI development, provide technical help, hire experts, and work with international partners to ensure safe AI technologies.

The section describes a program to test artificial intelligence (AI) systems, requiring coordination between various governmental entities and private companies to research, evaluate, and manage potential risks of AI technologies. It outlines various responsibilities and activities, including creating evaluations and metrics for AI systems, consulting with industry and academia, and ensuring that sensitive information remains protected.

The section outlines the establishment of a testbed by the Secretary of Commerce and the Secretary of Energy, through which they will identify, test, and synthesize new materials to advance material science and support advanced manufacturing using artificial intelligence and other emerging technologies. It emphasizes the need for public-private partnerships, and the use of resources from National Laboratories and the private sector to ensure the success of this initiative.

The National Science Foundation and the Department of Energy are collaborating to make new scientific discoveries by using artificial intelligence, as well as its integration with other emerging technologies like quantum computing and robotics, to benefit the U.S. economy. To achieve this, they may form partnerships with private companies and use resources from various sectors, including National Laboratories, the private sector, and academic institutions.

The Director of the Artificial Intelligence Safety Institute must work with the Secretary of Commerce and the Secretary of Energy to send a report to Congress within one year of this Act becoming law. This report will cover the progress on implementing the rules outlined in this part of the law.

The section describes a plan where the U.S. Secretaries of Commerce and State, and the Director of the Office of Science and Technology Policy aim to work with allies to advance and agree on international standards for artificial intelligence. They will ensure participating countries are technologically advanced, adhere to open standards, and uphold intellectual property protections, while involving private-sector input from partner countries.

The Director of the National Science Foundation is tasked with supporting collaborations, both with different countries and with multiple countries together, to advance artificial intelligence research. These collaborations must align with U.S. research priorities, promote innovation, ensure international cooperation, and include security measures to protect intellectual property.

The section requires the Comptroller General of the United States to submit a report to Congress within a year, detailing any legal barriers to innovation in artificial intelligence (AI). This report must include examples of relevant laws, challenges faced by federal agencies in applying these laws, and the current use of AI in government, along with recommendations for boosting AI innovation.

The section outlines a plan to identify and prioritize federal data that can be used to develop artificial intelligence (AI) systems in the U.S. It requires input from public stakeholders and agency cooperation, with attention to privacy and national security, while providing guidelines for creating and sharing these datasets for AI research.

The section mandates that a list of priorities for advancing artificial intelligence in the U.S. be established and updated periodically, focusing on areas like microelectronics, advanced manufacturing, and border security. It also requires Federal agencies to initiate prize competitions or other investments to support these priorities, ensuring they benefit the U.S. economy and take advantage of industry and philanthropic expertise.

The "Future of Artificial Intelligence Innovation Act of 2024" outlines the establishment of voluntary standards, evaluation tools, and international cooperation for AI, along with funding for research, development, and capacity-building activities, aiming to support AI safety and reduce regulatory barriers while enhancing research security.

Congress believes that policies related to artificial intelligence should focus on maximizing its potential to benefit everyone, including both private individuals and public organizations.

This section defines key terms related to artificial intelligence, such as what an artificial intelligence model and system entail, as well as definitions for critical infrastructure, federal and national laboratories, a foundation model, and a testbed.

The Artificial Intelligence Safety Institute is being established within the National Institute of Standards and Technology to create best practices for the secure and reliable use of AI systems. It will work with international partners, support testing and development of AI safety measures, and form a consortium to collaborate with experts and stakeholders in AI-related fields.

The Artificial Intelligence Safety Institute is established to help develop best practices and standards for assessing and securing AI systems, including efforts like red-teaming and blue-teaming. It also involves creating tools and methodologies to detect and label synthetic content, while ensuring that entities controlled by certain foreign governments are restricted from accessing institute resources.

The section outlines the creation of a program to test and evaluate artificial intelligence systems, involving collaboration between government bodies, labs, and private companies. It also specifies privacy protections for confidential business information, sets evaluation metrics, and allows for voluntary testing while ensuring no forced disclosure of sensitive data, with the program set to end seven years after the law's enactment.

The National Institute of Standards and Technology and the Department of Energy are working together to improve materials science and energy technology by using artificial intelligence and other new technologies. They plan to support these advancements with partnerships, resources from various programs and laboratories, and through collaborations with industry and academia to help boost the U.S. economy.

The Secretary of Commerce must ensure that activities under this law do not duplicate those of the Department of Energy and certain industries. Advanced resources from the National Laboratories can be shared with other entities if they pay for them, unless a waiver is given. The law does not change existing rules or let the Secretary of Commerce or other officials use the Department of Energy's funds for their own purposes.

The bill requires the Under Secretary of Commerce for Standards and Technology to submit a progress report to Congress within one year of the bill's enactment. This report should cover details about agreements and project plans related to the sections specified, as well as any other relevant information deemed necessary.

The section outlines responsibilities for U.S. agencies to collaborate with other countries on international standards for artificial intelligence, ensuring that any cooperation includes strong protections for intellectual property and aligns with global standards for transparency and collaboration. It also specifies that China cannot join these partnerships until it complies with international trade commitments, detailing the process for reconsideration if compliance is met.

The Comptroller General of the United States is required to report to Congress on the challenges and barriers related to the advancement of artificial intelligence (AI) within a year of this Act's enactment. The report must address existing laws that impact AI innovation, evaluate how the government is using AI to enhance services, and suggest legislative or administrative steps to encourage AI development.

The bill introduces a new section aimed at boosting artificial intelligence (AI) development in the U.S. by creating a prioritized list for developing public data sets. It involves cooperation among federal agencies and stakeholders, emphasizing privacy, national security, and whether data sets are unlikely to receive private funding.

The section outlines measures for advancing artificial intelligence (AI) development by creating a prioritized list of federal investments into curated public datasets. It mandates collaboration among government agencies, public engagement, adherence to privacy laws, and coordination with existing data initiatives, while also requiring a report on best practices and challenges encountered in the process.

The section outlines the establishment of a program to create significant challenges related to artificial intelligence, organized and managed by various U.S. government agencies. The goal is to accelerate AI development through prize competitions that promote innovation in areas like microelectronics, cybersecurity, and manufacturing, while ensuring participation and results are publicly available and beneficial to U.S. interests.

The section establishes a program to award prizes for advancements in artificial intelligence, with the goal of solving specific challenges in areas like microelectronics, cybersecurity, and border security. The section outlines the administration of the program, eligibility criteria, agency responsibilities, and reporting requirements, and it specifies that the initiative will end five years after the enactment of the Future of Artificial Intelligence Innovation Act of 2024.

The section states that any activities allowed by this Act must follow the guidelines set out in certain previous laws, specifically the Research and Development, Competition, and Innovation Act and the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021.

The section increases the number of critical technical experts that the National Institute of Standards and Technology can hire from 15 to 30 and extends the sunset date for this hiring authority to December 30, 2035.

The bill establishes the Foundation for Standards and Metrology, a nonprofit organization to support the National Institute of Standards and Technology in its mission to advance measurement science, technical standards, and technology collaboration. The Foundation will engage with various sectors to promote research, standard development, and technology commercialization, while being overseen by a Board of Directors and subject to guidelines ensuring its independence from the federal government.

The section establishes a nonprofit corporation called the Foundation for Standards and Metrology. Its mission is to support the National Institute of Standards and Technology in areas like technical standards and emerging technologies. The Foundation will collaborate with various sectors and run activities such as research support and facility expansion. It will be governed by a Board of Directors and must comply with rules on integrity and financial disclosure. Additionally, it can receive funds but must maintain transparency and accountability.

The section mandates that, within 7 days of the act's passage, the President must ensure a technology directive is issued to prevent federal agencies from implementing policies that promote certain controversial concepts via artificial intelligence or automated systems, including any ideas suggesting racial or gender superiority, or strategies that require changes to AI systems for equitable outcomes.

In this section, agencies are required to ensure that temporary workers, known as "temporary fellows," do not perform essential government tasks. Before starting work on projects involving advanced technologies, both the temporary workers and agency leaders must sign a certification to this effect. The agency must send this certification to specific committees and the Office of Management and Budget. Additionally, the agency's inspector general must conduct yearly audits on the use of these temporary fellows and report the findings to Congress and the Office of Management and Budget.