AI is a 'moment of revolution,' top Democrat says in urging swift action on regulations

FILE - Senate Majority Leader Chuck Schumer of N.Y., speaks to the media, June 13, 2023, on Capitol Hill in Washington. The development of artificial intelligence is a “moment of revolution†that requires swift action from the government. That's according to Senate Majority Leader Chuck Schumer, who said Wednesday that he is working on ambitious bipartisan legislation dealing with AI. (AP Photo/Jacquelyn Martin, File)

WASHINGTON (AP) — Calling the rapid growth of artificial intelligence tools a “moment of revolution,†Senate Majority Leader Chuck Schumer said Wednesday that the government must act quickly to regulate companies that are developing it.

The New York Democrat said he is working on what he calls “exceedingly ambitious†bipartisan legislation to maximize the technology’s benefits and mitigate significant risks.

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