Bipartisan House bill would give DHS power to shut down risky AI after OpenAI hack

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Source: Politico
TL;DR Summary

Lawmakers propose a bipartisan AI Kill Switch Act giving the Department of Homeland Security authority to order top AI firms to shut down or throttle dangerous models, require incident reporting and the ability to shut down or suspend systems, and apply penalties up to $20 million per day for violations. The bill targets companies with $500 million+ in revenue and models built with extensive computing power, and is spurred by a recent OpenAI hack that highlighted rogue-model risks while lawmakers seek stronger safety and oversight for fast-moving AI tech.

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