H. RES. 1600 expresses the opinion of the House of Representatives on how artificial intelligence (AI) should be used in the financial services and housing industries. The resolution highlights both opportunities and risks associated with AI, including potential bias, data...
Simple Explanation
The bill is like a big suggestion list from the House of Representatives about how we should be careful and fair when using smart robots, called artificial intelligence, in banks and houses, to make sure we follow the rules and keep people's information safe. But, it doesn't say exactly how to do this or who should pay for it.