House lawmakers introduce AI risk management bill.

House lawmakers have introduced a bill that would establish federal guidelines for the adoption of artificial intelligence (AI). The Federal Artificial Intelligence Risk Management Act would require federal agencies to use the AI risk management framework developed by the National Institute of Standards and Technology (NIST) when acquiring AI solutions. The bill also tasks the Office of Management and Budget with issuing guidance to agencies on incorporating the NIST framework into AI risk management and launching a workforce initiative to tap into AI expertise. The legislation aims to ensure responsible use of AI and protect individuals while unleashing the potential of the technology. [Extracted from the article]