Washington, June 23 -- Congressman Brad Finstad issued the following press release:
Today, Congressman Brad Finstad (MN-01), member of the House Committee on Small Business, applauded the passage of the SBA Artificial Intelligence Utilization Act by the full House of Representatives. Introduced by Congressman Finstad and Congressman George Latimer (NY-16), this legislation would require the Small Business Administration (SBA) Administrator to submit an annual report to Congress on the agency's use of artificial intelligence (AI) and machine learning.
"This commonsense legislation brings necessary oversight and accountability to the SBA's use of AI without compromising transparency or trust. As this rapidly evolving technology becomes an i...