Plain Language Summary
# AI-WISE Act Summary **What the Bill Does** The AI-WISE Act directs the Small Business Administration (SBA) to create educational materials and training modules to help small business owners understand and use artificial intelligence tools. The resources would cover how AI systems work, how to evaluate whether AI tools are right for a business, and how to manage potential risks associated with AI. These materials would be published on an existing SBA online learning platform, making them easily accessible to small business owners. **Who It Affects and Key Details** This bill primarily affects small business owners and entrepreneurs who want to learn about AI but may lack technical expertise or resources.
The SBA would also establish an advisory working group of experts to help decide what information should be included in the educational materials, ensuring the resources remain relevant and practical. The bill doesn't require any new spending on creating entirely new platforms—it uses existing SBA infrastructure. **Current Status** The bill has passed the House of Representatives and is now awaiting action in the Senate.
CRS Official Summary
Artificial Intelligence Wisdom for Innovative Small Enterprises Act or the AI–WISE ActThis bill requires the Small Business Administration (SBA) to establish and maintain educational resources and modules on artificial intelligence tools.These resources and modules for small businesses must include information about how artificial intelligence models work and how to identify, evaluate, and manage the risks of artificial intelligence. The resources and modules must be published on an existing SBA learning platform.The SBA also must establish an advisory working group to advise the SBA about relevant information for inclusion in the resources and modules.
Latest Action
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.