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Artificial Intelligence

Ranking Member Maxine Waters: “The Stakes Are Too High, The Risks Too Great, And the Consequences Too Real to Hand This Technology Over to Big Tech Billionaires with No Guardrails and No Accountability”

| Posted in Press Releases
Tags: Full Committee, Artificial Intelligence

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a full Committee hearing entitled, “From Principles to Policy: Enabling 21st Century AI Innovation in Financial Services.” “Thank you very much, Mr. Chairman. AI is already embedding in the lives of millions of Americans, and we have a duty to…

After Waters and Warren Call for Investigation, GAO Releases Reports on the Risks Real Estate Property Technologies and AI Pose to the Housing Market

| Posted in Press Releases
Tags: GAO, Artificial Intelligence

Report comes during shocking housing affordability crisis and Trump Administration actions to make housing more expensive Government watchdog report highlights how the real estate industry’s use of artificial intelligence and PropTech can distort housing prices, perpetuate housing discrimination, reduce market transparency, and limit access to credit. Full Report (PDF) Today, the…

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