TechNet Senior Vice President Carl Holshouser recently sent a letter to the House Energy and Commerce Subcommittee ahead of its hearing on healthcare and AI. On October 27, TechNet released a federal framework aimed at assisting policymakers in managing AI risks while upholding the United States' global leadership in AI.
In the letter, Holshouser explained the potential of AI to revolutionize medical treatments, enhance diagnostics and disease prediction, and accelerate the development of new treatments. With the use of AI, Moderna was able to develop a COVID-19 vaccine in record time, and researchers at MIT are creating antibiotics to combat drug-resistant infections. AI also saves lives by reducing brain scan review time, making accurate predictions about disease-causing DNA mutations, and creating individualized medical devices. It also helps underrepresented populations access clinical trials and provides visual interpretation tools for blind people. However, recognizing and addressing AI risks is crucial for responsible development.
"AI has the potential to transform healthcare to the benefit of all Americans. However, recognizing and addressing the genuine risks associated with AI is crucial for its responsible development," Holshouser wrote in the letter. "It is important to note that AI technologies are governed by existing law. However, policymakers can support AI innovation and address risks through careful policymaking."
On October 27, TechNet released a federal framework to help policymakers address AI risks while maintaining the US's global AI leadership. The framework includes five sections, addressing risk-based regulations, responsible AI evaluations, bias mitigation, advanced system security, and a resilient innovation workforce.
Technet is a bipartisan network of technology CEOs and senior executives that supports efforts to ensure AI policies benefit all Americans, address risks, and strengthen global competitiveness. With over 4.2 million employees and customers in various industries, TechNet represents leading AI and automated systems developers, researchers, and users.
According to his bio page on technet.org, Carl Holshouser is a former strategic policy adviser and Senior Director of Government Relations for Visa. Holshouser joined TechNet after serving as a co-leader of the firm's Trade Policy Platform. He has prior lobbying roles with Textron Systems and Capitol Partners Inc. Holshouser is a past Vice Chairman of the Board of the National Cyber Security Alliance, a past Chairman of TechNet's Federal Public Policy Committee, and a past Chairman of the Government Relations Committee at the Information Technology Industry Council. He is an active investor in tech startups and a high-honors graduate of the University of Texas at Austin.
