🚨 AI Transparency Incoming: RISE Act 2025 Proposed!
Senator Cynthia Lummis (R-WY) just dropped a game-changing bill for the future of AI + accountability — the Responsible Innovation and Safe Expertise (RISE) Act. Here's what you need to know 👇
📜 What’s the RISE Act?
A new AI bill that sets liability rules for professionals using AI — think doctors, lawyers, engineers, financial advisors. It demands transparency from AI devs, but without forcing them to open-source their models.
🔍 Key Takeaways:
• 💼 Pros stay responsible — Using AI won’t shield professionals from legal consequences. You're still on the hook for your advice.
• 📄 Model cards required — Devs must publish docs showing:
▫️ Training data sources
▫️ Intended use cases
▫️ Known risks + failure modes
▫️ Performance metrics
• ⚠️ No blanket immunity — AI companies only get liability protection if they release full model cards.
• 🔐 Trade secrets allowed—but justified — Devs can redact proprietary info only if it’s not safety-related + they explain why.
• 🛠 Continuous updates — New AI versions or discovered flaws must be updated in public docs within 30 days.
• 🚫 No protection for bad actors — No immunity for fraud, recklessness, or willful misconduct.
🗣 Lummis says:
"Wyoming values innovation and accountability. This bill creates safer AI development while preserving professional autonomy."
📢 Why it matters for crypto + tech?
As AI and Web3 blend closer, expect regulatory frameworks like this to shape future ecosystems.
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