On 21 September 2023, the Algorithmic Accountability Act of 2023 was introduced in the House of Representatives. The Act mandates that companies evaluate the effects of the artificial intelligence (AI) systems they employ and sell, enhancing transparency regarding AI system usage. The Act addresses issues such as flawed automated systems by requiring companies to test their products for data quality, fairness, safety, and performance gaps. Furthermore, the Act establishes guidelines for impact assessment, mandates reporting to the Federal Trade Commission and creates resources for enforcement and oversight.
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