H.R. 10263, titled the “Responsible AI Disclosure Act of 2024,” instructs federal financial agencies to conduct a study focusing on how vendor-provided artificial intelligence systems are described and standardized. The study aims to develop definitions and standards for AI...
Simple Explanation
The bill wants special government teams to study how to make it easier to understand and explain fancy computer programs called AI, which help people make decisions with lots of data. They want to make sure these AI helpers are using real data the right way and following rules, and then tell everyone in Congress what they find out in half a year.