House introduces bipartisan bill on AI in banking and housing
The bill would require a report on how these industries use AI to valuate homes and underwrite loans
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The ECPA, which stands for Electronic Communications Privacy Act was written up in 1986 and was designed to protect our digital lives. Google and the rest of these companies believe it's an out of date act arguing, "it was written long before most people had heard of email, cell phones or the "cloud."
The main idea is to protect us from unwarranted government intrusion, so things like, requiring government to first obtain a search warrant before getting access to our private communications stored online.
It makes sense companies like these are fighting for this. Google and Salesforce, for example both offer virtually all of their solutions in the cloud and are constantly pushing forward the whole concept of cloud computing. The idea of cloud computing, everything being stored up on servers, like our documents and other files, is great, especially with the rise of smart phones, netbooks, and upcoming tablet devices - there is now no limitation to what we can access on the go. But without regulations set in place on government, like what the Digital Due Process is fighting for, government can basically intrude on our private lives, online. Government can't exactly access physical papers from our file cabinets unless they have a search warrant, so why should they be able to more easily access files we have stored up in Google Docs or our emails?
Search giant Google published a blog entry on Tuesday morning on how exactly it would like to modernize the ECPA:
The bill would require a report on how these industries use AI to valuate homes and underwrite loans
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