AI-Related Job Impacts Clarity Act
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Overview
The AI-Related Job Impacts Clarity Act requires companies to report data about how artificial intelligence is affecting their workforce. Specifically, covered entities, including publicly-traded companies and those designated by the Secretary, must disclose information on job losses, hires, unfilled positions, retraining efforts, and other relevant AI-related impacts. The Department of Labor will compile and analyze this data and publish reports to Congress, aiming to provide clarity on the broader economic effects of AI.
Key provisions
- Companies must report on job losses due to AI automation.
- Companies must report on new hires resulting from AI implementation.
- Companies must report on unfilled positions due to AI-related decisions.
- Companies must report on retraining or assistance provided to employees impacted by AI.
- The Secretary will compile and analyze these reports.
- The Department of Labor will publish quarterly reports to Congress.
- The Secretary will establish regulations to determine which non-publicly traded companies must also report.
- Regulations will consider factors like employee size, revenue, and industry classification.
Who is affected
- Publicly-traded companies
- Non-publicly-traded companies
- Government agencies
- Businesses utilizing artificial intelligence
- The U.S. workforce
Notable changes
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