Artificial Intelligence (AI) allows computer systems to perform tasks that typically would require human intelligence. S. 3035 would require the Office of Management and Budget (OMB) to issue guidance to federal agencies on how to safely and securely acquire AI technology. Under the bill, OMB also would report to the Congress on the effectiveness of its efforts.
Based on the costs of similar efforts, CBO estimates that publishing guidance and satisfying the reporting requirement would cost less than $500,000 over the 2022-2026 period. Such spending would be subject to the availability of appropriated funds.
