The draft artificial intelligence regulatory bill introduced by Reps. Jay Obernolte (R-CA) and Lori Trahan (D-MA) represents the best chance yet for significant federal action to address the fast-improving technology that threatens to disrupt society but has drawn opposition from groups that represent the industry, civil society, and labor.

The bipartisan discussion draft, called the Great American AI Act, would set a rulebook for AI companies, including standards for cybersecurity, the workforce, education, research, and international cooperation. It also addresses catastrophic risks and proposes mitigation measures.