H.R. 7781, also known as the "Artificial Intelligence Practices, Logistics, Actions, and Necessities Act" or the "AI PLAN Act," requires a report to be submitted to Congress on the risks associated with using artificial intelligence in financial crimes such as fraud and misinformation. The...
Simple Explanation
The AI PLAN Act wants important people in the U.S. government to write a report about how bad guys might use smart computers, like robots, to do bad things with money or spread lies. They need to figure out ways to stop this and tell everyone what they need to keep these smart computers from being used for bad stuff.