The bill highlights the need for data transparency in light of several copyright infringement lawsuits against AI companies. It specifically refers to cases involving Stability AI, Midjourney, Deviant Art, and Getty Images. The bill is yet to be assigned to a committee for discussion. If passed, it will complement the Biden administration's AI executive order by making transparency requirements for training data a federal rule.
Key takeaways:
- Reps. Anna Eshoo and Don Beyer have filed the AI Foundation Model Transparency Act, which requires creators of foundation models to disclose sources of training data.
- The bill directs the Federal Trade Commission (FTC) to work with the National Institute of Standards and Technology (NIST) to establish rules for reporting training data transparency.
- Companies that make foundation models will be required to report sources of training data, describe the limitations or risks of the model, and provide information on the computational power used to train and run the model.
- The bill emphasizes the importance of training data transparency around copyright, citing several lawsuits against AI companies for alleged copyright infringement.