WEBVTT - Rep. Lori Trahan Talks Regulating AI & AI FRONTIER Act

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio, news.

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<v Speaker 2>We have to talk about AI. I mean, SI, super intelligence. Joe,

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<v Speaker 2>the president is changing the lingo for the U.S.

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<v Speaker 3>He did take another swing at that today. He says

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<v Speaker 3>it might catch on. We'll find out soon enough. The

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<v Speaker 3>thing is, he talked about the prospect of regulation, Kayleigh,

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<v Speaker 3>which is, of course, a raging debate, not only here

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<v Speaker 3>in Washington, but globally right now, and referred to it

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<v Speaker 3>as a globalist scheme. Having called this a hoax repeatedly,

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<v Speaker 3>it doesn't sound like he's moving on this.

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<v Speaker 2>Yeah, let's remind ourselves of what the president said in

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<v Speaker 2>his address to the UN General Assembly.

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<v Speaker 4>The United States also totally rejects any attempt to construct

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<v Speaker 4>a globalist scheme to control for the artificial intelligence being

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<v Speaker 4>spoken of so much now, here and after officially called

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<v Speaker 4>super intelligence.

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<v Speaker 3>I'm quite sure that Laurie Trahan does not see it

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<v Speaker 3>as a globalist scheme. The Democratic congresswoman from Massachusetts is

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<v Speaker 3>one half of and a co-sponsor of a bill and

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<v Speaker 3>co-author of a bill called the AI Frontier Act. We've

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<v Speaker 3>told you about it and we've spoken with the representative

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<v Speaker 3>here before. This is the closest thing that we have

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<v Speaker 3>seen to a framework for regulations around this very quickly

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<v Speaker 3>evolving technology on Capitol Hill. controversial yes but so is

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<v Speaker 3>everything that matters in washington and she's with us right

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<v Speaker 3>now from massachusetts third district the toast of lowell there's

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<v Speaker 3>a lot to like about lowell as they say congresswoman

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<v Speaker 3>when it comes to this ai debate i'm wondering your

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<v Speaker 3>thoughts on what the president said today if he believes

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<v Speaker 3>this is a globalist scheme how can you ever get

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<v Speaker 3>this through congress.

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<v Speaker 1>Look i think uh The president is not in lockstep

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<v Speaker 1>with what people are saying back home and what even

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<v Speaker 1>Republicans in Congress are hearing. And they're wanting to put

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<v Speaker 1>basic guardrails in place. I mean, there's no question that

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<v Speaker 1>the ground has shifted on AI safety. People are concerned

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<v Speaker 1>at the whistleblower level. Jacob Coxon, they're worried about, you know,

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<v Speaker 1>the anthropic threat report. And certainly the three CEOs last

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<v Speaker 1>weekend getting together and admitting that they could lose control

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<v Speaker 1>of this technology if proper guardrails aren't put in place.

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<v Speaker 1>And so, you know, the president calling this a hoax

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<v Speaker 1>or a globalist scheme is just completely out of touch

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<v Speaker 1>with what people are feeling right now. And it while

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<v Speaker 1>it's challenging, I don't think that it stops Congress from

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<v Speaker 1>acting like the independent body that it is and moving

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<v Speaker 1>forward with basic guardrails.

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<v Speaker 2>Well, of course, part of the argument that the president

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<v Speaker 2>and those around him have made is that these companies

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<v Speaker 2>should be self-policing, that OpenAI has an issue with its

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<v Speaker 2>technology hacking hugging face. That's on the company. It shouldn't

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<v Speaker 2>be up to regulators to control that issue. I wonder

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<v Speaker 2>what your response is and whether or not there does

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<v Speaker 2>need to be more onus put on the companies themselves

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<v Speaker 2>if you trust that they might be able to do

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<v Speaker 2>this on their own in the absence of or at

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<v Speaker 2>least until Congress can get its arms around this legislatively.

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<v Speaker 1>Well, one, I think Congress does, that we do have

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<v Speaker 1>our arms around what needs to be done. And look,

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<v Speaker 1>we've run this experiment before, which is why it's so

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<v Speaker 1>resonant back home. Because social media doesn't have proper guardrails

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<v Speaker 1>in place, we're seeing the effects that that has on

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<v Speaker 1>our children and on so many aspects of our society.

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<v Speaker 1>So I don't think that that argument holds with Democrats

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<v Speaker 1>or Republicans. And look, I think that there's been a

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<v Speaker 1>tipping point just in the last few weeks. You know,

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<v Speaker 1>the Frontier Act, which I authored with Jay Obernolte, a

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<v Speaker 1>Republican from California, isn't the only example of Democrats and

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<v Speaker 1>Republicans coming together on basic guardrails around the frontier. I

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<v Speaker 1>just think that the frontier is best situated, the Frontier

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<v Speaker 1>Act is best situated to actually move in Congress because

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<v Speaker 1>we wrote it earlier this spring. It's gone through a

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<v Speaker 1>lot of scrutiny, a lot of iterations based on feedback

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<v Speaker 1>from safety organizations, industry, consumer advocacy groups, state laws. And

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<v Speaker 1>it really does represent the strongest safety AI legislation to date.

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<v Speaker 1>Mandatory transparency reports, incident reporting, an independent verification organization to

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<v Speaker 1>check the company's work, and a kill switch. If a

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<v Speaker 1>model is capable of a catastrophic risk, there is a

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<v Speaker 1>well understood process for the government to intervene.

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<v Speaker 3>Really something, Congresswoman, how this story has changed, how the

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<v Speaker 3>debate has evolved. Since you first wrote this in the spring,

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<v Speaker 3>I believe you introduced it in July. Even then, AI

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<v Speaker 3>was pretty hot. When you look at the way the

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<v Speaker 3>stocks were playing on Wall Street, the stories that were

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<v Speaker 3>being told around earnings reports, I realized the NIMBY story

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<v Speaker 3>was beginning around data center. We were starting to hear

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<v Speaker 3>about it. But now, my goodness, fast forward a couple

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<v Speaker 3>of months and you've got this memo from Dario Amadei.

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<v Speaker 3>Of course, Sam Altman agreeing to pace the frontier, as

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<v Speaker 3>they say. Did these two executives just make it easier

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<v Speaker 3>to pass your bill?

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<v Speaker 1>You know, I think so. When you have safety researchers

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<v Speaker 1>who are resigning, when you have the CEOs or the

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<v Speaker 1>developers of this technology sounding the alarm, Congress must listen

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<v Speaker 1>and we must answer that call. And I think that's

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<v Speaker 1>what you're seeing today. There's a whole lot more urgency

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<v Speaker 1>around these conversations and what to do, how to sequence conversations.

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<v Speaker 1>you know, the bills that will need to be passed.

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<v Speaker 1>And I don't think that waits until next Congress. You know,

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<v Speaker 1>it's not great that, you know, the Speaker of the

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<v Speaker 1>House canceled the last two weeks of this session. We

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<v Speaker 1>are not in Washington until after the election. And And that,

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<v Speaker 1>I think, is gambling with the next incident and the

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<v Speaker 1>damage that it could cause. So I do think that

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<v Speaker 1>we have to prioritize this this year. I don't think

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<v Speaker 1>time is on our side, but I also think that

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<v Speaker 1>there is a lot of momentum on both sides of

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<v Speaker 1>the aisle to do common sense legislation around these frontier labs,

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<v Speaker 1>these large labs whose models they've lost control of in

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<v Speaker 1>some instances and are you know, capable of catastrophic risk.

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<v Speaker 2>Congresswoman, if we could switch gears in our final moment

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<v Speaker 2>with you, I was struck by the headline from the

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<v Speaker 2>Massachusetts Department of Energy Resources that heating oil in the

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<v Speaker 2>week of September 14th is up 70% year on year

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<v Speaker 2>at the highest since October 2021. This is, of course,

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<v Speaker 2>as we see diesel at a record across the country.

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<v Speaker 2>Would you support a ban, an export ban on diesel

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<v Speaker 2>and distillates to address this? Is that one way to

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<v Speaker 2>bring costs down for the people in your district in

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<v Speaker 2>the Northeast?

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<v Speaker 1>You know, I was just with my farmers last week

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<v Speaker 1>talking about the high cost of diesel and all the

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<v Speaker 1>other inputs like fertilizer, you know, and high cost of labor.

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<v Speaker 1>I mean, people are sinking underneath these costs. And so

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<v Speaker 1>there's no wonder that there are these creative proposals that

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<v Speaker 1>are being put forward to give relief to folks back home.

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<v Speaker 1>Here in Massachusetts, our governor is proposing a gas holiday,

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<v Speaker 1>a gas tax holiday, just so that she can stem

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<v Speaker 1>some of the rising costs that this administration has placed

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<v Speaker 1>on people, whether that's through tariffs or this war of

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<v Speaker 1>choice with Iran. So I love hearing those proposals because

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<v Speaker 1>I know I want to see folks back home get

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<v Speaker 1>the relief that they need.

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<v Speaker 2>All right, we'll leave it there. Democratic Congresswoman Lori Trahan

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<v Speaker 2>representing Massachusetts' 3rd District here with us on Balance of

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<v Speaker 2>Power on Bloomberg TV and radio.