Bill > S3108

This bill requires companies and government agencies to provide quarterly reports to the Department of Labor about the impact of artificial intelligence (AI) on jobs. Specifically, covered entities must disclose the number of employees laid off due to AI automation, new hires related to AI, unfilled positions because of AI, and employees being retrained due to AI. These reports must include North American Industry Classification System (NAICS) codes for context. The Department of Labor will then compile these disclosures into quarterly and annual reports, which will be published on the Bureau of Labor Statistics website and submitted to Congress. The bill also mandates that the Secretary of Labor develop regulations to determine which non-publicly traded companies must participate in these reporting requirements, considering factors like workforce size, annual revenue, and industry classification. The reporting aims to provide transparency about AI's employment impacts while protecting companies' proprietary information. Covered entities include publicly traded companies, government agencies, and certain non-publicly traded companies that meet specific criteria. The bill defines AI using the definition from the National Artificial Intelligence Initiative Act of 2020 and establishes a comprehensive framework for tracking and understanding AI's evolving role in the job market.

Health and Social Services

https://www.congress.gov/bill/119th-congress/senate-bill/3108/all-info