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Bipartisan Great American AI Act Proposes Federal Oversight of Frontier AI Development

By

Matt Novak

3h ago· 5 min readenNews

Summary

A new bipartisan draft bill called the Great American AI Act, introduced by Rep. Jay Obernolte (R-CA) and Rep. Lori Trahan (D-MA), proposes regulating advanced AI development by requiring large AI developers to inform the government about frontier model development, create mitigation plans for cybersecurity harms, and allow auditor oversight. The bill is currently open for public comment and stakeholder feedback before formal introduction.

Key quotes

· 3 pulled
The Obernolte-Trahan bill, dubbed the Great American AI Act, would ask large AI developers to keep the government informed about the development of its frontier models.
Legislators said the draft bill is, 'intended to solicit feedback from stakeholders, experts, and the public before the bill is formally introduced.'
The bill would make plans to mitigate the most severe harms to cybersecurity, and allow auditors to ensure those plans are followed.
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Legislators said the draft bill is, "intended to solicit feedback from stakeholders, experts, and the public before the bill is formally introduced."

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