Reps Beyer (D-VA), Eshoo (D-CA) Introduce Landmark AI Regulation Bill

Representatives Don Beyer (D-VA) and Anna Eshoo (D-CA) introduced the AI Foundation Model Transparency Act, ambitious legislation to promote transparency in artificial intelligence foundation models. The AI Foundation Model Transparency Act would direct the Federal Trade Commission (FTC), in consultation with the National Institute of Standards and Technology and the Office of Science and Technology Policy, to set standards for what information high-impact foundation models must provide to the FTC and what information they must make available to the public. Information identified for increased transparency would include training data used, how the model is trained, and whether user data is collected in inference. The AI Foundation Model Transparency Act would also:

• Direct companies to provide consumers and the FTC with information on the model’s training data, model training mechanisms, and whether user data is collected in inference; and
• Protect small deployers and researchers, while seeking responsible transparency practices from our highest-impact foundation models.