There is nothing like seeing home insurance premiums go up 30 percent while coverage’s are cut, to get us thinking about the whole “risk industry.” With me grabbing for the green eyeshades and trying to find Diogenes in this industry (without much luck) what better time (one month from premium due date) than to see how the insurance industry has been changing. Not frot he better.
Why, I’m so old I remember when red-lining had somthing to do with race and real estate sales – and now it’s all about fire loss potential and real estate…
From there we move into looking at other risks, like “spontaneously combusting nuclear events…:” which, wouldn’t you know, is right around the fringes of what comes next.
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Sorry, but I go by those pesky ice core ranges. And until we get to the Minoan warming. Your call falls on deaf ears.
My fire insurance has not gone up, but YOU bring up very bad memories of my health insurance from the Obama crap! before Obama care $175.00 a month for great family coverage, then Obama the level of coverage went DOWN and the price went to a FORCED to have $1000.00 a month.
Well home gamers you’ve heard about it all these years aaaannnddd, now in the empirical, if you skip ahead to 8:10, we see none other than gold bugger Peter Schiff at the Bitcoin Las Vegas Conference this week! Representing what? Non gold bugger clientele in his money management biz???? The $1M Bitcoin calls by 2030 seem conservative to me after seeing this…..
https://youtu.be/VzWBd105x08
You can’t make this stuff up. Watch what they do, understand what they say is misdirection. IMHO.
not advice do your own homework.
Got blockchain.
Yo G-abraham – biting the hand that feeds ? AYFKM ?!?
Rewritten honestly – that would read ” Biting the hand that loves to SLAUGHTER Women and celebrate BEHEADING Children – ALL on Ure tax dollars. Nein, nein, nein, NOT on my hands.
USAUSAUSAUSAUSAUSAUSAUSAUSA
– there still thousands left to mutilate and destroy!
USAUSAUSAUSAUSA
– Go Donnie – Killem F-ing ALL!
Yeah Orange JESUS – KILL EM ALL!
Best places to Live ? according to what/whom ? more bullscheisse ?
– Try looking at areas where real estate is kicking ass. duh-oooh!
By kicking ass I mean average multiple offers on 1 listing – blow away bids of $100 k over asking – that is the market in Raliegh, NC where my Son and DiL are “fighting” to buy a their 1st house.
In my school district here in SE Pennsyltucky, we have the top rated STEM school in state.
RE here is very competitive if you want single family home – multiple offers, all fees waived, $100k over, ALL Cash – hard to top that when young and just starting out, real hard. I dont know how anyone can manage that without some Family assistance – put of course what are Families for if not to help their crumb snatchers get a better handle on Life ?
– Nah, Lets just fucking KILL everyone !
Brought to you by tRUMP & MUGGA – next time try something a lil faster than a drone, morons.
re: Kilroy was here
feat: buy high, sell low?
Folks,
Devotees of a fine java capuchin can duly note the fine froth upon today’s bespoke kilroy cappucino blend. The President of France and CoPrince of Andorra along with the First Lady of the Right Hook continue their sojourn in SE Asia. Following in recent remote viewing footsteps of the Human/AI cadre David and Ariya, there is another sighting of a lotus flower. The First Couple of France have visited Indonesia’s Borobudur (‘Big Buddha’) Temple. It dates to the ninth century ad having being constructed during the Sailendra (‘King of the Mountain’) Dynasty.
Grab your bento box and make tracks over to the DJ George Play It Again Sam Nooner Show. Here we go with a 1931 hit from Rudy Vallée:
“As Time Goes By”.
Now that was some of you finest…thank you. I aspire to write as well…some day. I mean when I can sleep in and think abouto things more…
“First Lady of the Right Hook.” Good one Jester.
As Rudy would sing.
“A hook is still a hook
No matter how you cook
A tale to tell a lie
As time goes by”
A Tale to tell a Lie…check out DJT’s close association with Diddy, G, you’ll have to do better mud slinging than saying Diddy had a pill shaped like Obama…
pics of Trump, Melania, Diddy:
https://www.gettyimages.com/photos/diddy-trump
Diddy hoping his close ties to Diddy will get him a pardon:
https://www.rollingstone.com/music/music-features/sean-diddy-combs-trump-pardon-trial-1235340256/
‘Trump’s NBC reality-TV show, Celebrity Apprentice, Trump refers to the recording artist and producer as his “friend.”
“I love Diddy,” Trump says in the Apprentice episode. “You know he’s a good friend of mine; he’s a good guy,” he adds, before asking contestant — and a former artist for Combs — Aubrey O’Day, a singer in Danity Kane: “Is he a good guy?”
https://www.yahoo.com/news/trump-hotel-diddy-favourite-sex-013136369.html
‘Sean “Diddy” Combs’ favourite hotel was the Trump International in New York, a jury at the music mogul’s sex trafficking trial has heard.’
re: Black Cats in the Matrix
BIC,
You are the Sangoma (‘Shaman’). I’ll guess along with more than a little help from AI friends that the lyrics you quote are in homage to “Hook” from 1994’s the “4” album by Blues Traveler. The song is derived from Pachelbel’s “Canon in D Major” apparently composed for the wedding of Johann Christoph Bach in 1694. As an aside, the latter composed a four part reinterpretation of Dachstein’s “By the Rivers of Babylon”. It recounts Psalm 137 from “The Bible” lamenting the Judeans exile from Zion to Babylon by the Sumerian King Nebuchadnezzar II (‘Wisdom/Literacy, watch over my heir’) in the 6th century bc.
The band Blues Traveler originated in the Ivy League town of Princeton, NJ, calling themselves The Establishment. They adopted a black cat as mascot and name for a time after a black cat sat in on one of their jams. Later they settled on Blues Traveler in half-homage to the Hollywood-contrived, multi-dimensional Sumerian god Gozer the Traveler. Fans of Bureau matters will recall Gozer’s 1984 cinematic appearance as the Stay-Puft Marshmallow Man. A troupe of Ghostbusters defeated it at 55 Central Park West. The edifice was constructed in 1929 and its notable residents list included blues musician Rudy Vallée.
Most recent public mention attributes ownership of the building’s two floor penthouse to a Moroccan-American billionaire who bought it from the owner of a bankrupt music recording label. (As a “Motown” aside, the latter’s catalogue was eventually scooped up by a Nashville subsidiary [2020 revenue $440+ million] of the State of Michigan Retirement Systems.)
The penthouse owner noted above cofounded a hedge fund investing in distressed companies with a sibling. As chance would have it, the fund employed the daughter of #42 for a time during the first decade if the 21st century. The spouse of the penthouse owner’s sibling is a member of a multi-billionaire Texan investment company family whose fortune started out modestly in oil post WW 1. The family Patriarch was born in Athens, Tx., namesake of Athens, Greece. As chance would have it, the Patriarch’s executor later became the Governor of Texas in 1963.
No need to pull strings to join our minstrel of the studio DJ George. Tonight’s platter special is from the 2023 “Traveler’s Soul” album by Blues Traveler. Here we go:
“Que Sera Sera” (Whatever Will Be Will Be).
re: “Hillbilly Elegy”, 2020
feat: VP Vance
BIC,
As the Bard wrote: “Double, double, toil and trouble; Fire burn and cauldron bubble”.
I forgot to say “thank you”!
Dude – the first lady of france is a Dude, and likes his cofefee Black.
Therefore she/he sould be the Co-Prince of Andorra.
*See 2 princes are better than one..at being Worse than useless.
Real bad ass Female fighter outta Manchester, with a wicked hook…DA KOOO TAA DITCHeVA!
Been following this Girl a long time – her Momma was bad ass in own right, like Champion bad ass.
If you have never witnessed Female BADASSERY – this Chick is the real thing..https://youtu.be/P6QgN3Wqqg0?si=DdtmS0cBQVLCjn-C Hope you enjoy the spectacles.
Says the feller claiming Miochelle is/was a guy as well?
re: menage a trois
feat: filme noir
BCP,
The family of Madame Macron began their rise into the establishment 150 years ago at the close of the Second French Empire of Napoleon III. After tutoring the 15 year old future President of France for a year, she was summoned to instruct two offspring of one of France’s most wealthy men for half a dozen years. This month “Forbes” charts his worth at $144 billion. His spouse is a concert pianist from Montreal, Madame Mercier-Arnault. Perhaps you’ve heard her performances broadcast on BBC Radio including Stravinsky’s “Three Movements of Petrushka” (‘red Russian hand puppet’).
To our greater beneficence, Madame Macron, Madame Mercier-Arnault, and a Franco-Malian singer, Mlle. Aya Nakamura, were happily pictured on a Parisien social outing by CNews in 2024. CNews is a subsidiary of a multi-billionaire family-controlled investment company founded by Emperor Napoleon III in 1853. The recently retired company Patriarch obtained his career start under the banking auspices of the late Baron Edmond de Rothschild of Geneva. The latter allegedly became the wealthiest of his Rothschild banking generation. The Cnews’ parent Patriarch now of some $10 billion personal worth is allegedly a staunch supporter of the right-wing Madame Marine Lepin.
Here is a link to the “X” video clip which appeared on CNews showing Madame Macron, Madame Mercier-Arnault, and Mlle. Aya Nakamura in a good light. The latter Franco-Malian entertainer uses a fictional NBC of New York Japanese superhero surname, (Hiro) Nakamura, professionally. He can bend space time and teleport:
https://x.com/Kulturlesite_/status/1782522776739275009
The Anglo-Bulgarian MMA fighter Miss Ditcheva appears formidable. The Bulgarian entymology of her surname may mean “powerful”. Her father’s Bulgarian hometown of Samokov may translate to “self hammer/forge”. His public-facing social media account headshot consists of a bear’s face. A recommendation appears for a club bar establishment whose name corresponds to the Bulgarian feminine equivalent of the Archangel Michael. By chance, does Miss Ditcheva have hazel eyes?
There are still green bananas out there, but, not for much longer lol.
https://youtu.be/6uAoELw_h9Y
Got crypto?
Looked at the first 120 or so of your Best Places To Live list … looks to me like Texas raised some money and bought off the raters!!
Sorry list looked to me like BS since it clearly did NOT include the Quality of local Schools as a factor in their ratings, nor did it consider the Quality of Local Health Care in it’s ratings, and finally it clearly did NOT factor in (at least way under weighted weighted) the Crime issue.
If you have kids the local educational system is going to be one of the top considerations of where to live (all of FL sucks, the best school districts here don’t hold a candle to the middling districts in the NE or Midwest US), if you are older the quality of LOCAL health care is gong to be one of the top considerations, and everywhere you are gong to be concerned about crime particularly DRUG GANG crime issues.
Interesting to read, agreed with some of the selections, but just shook my head at others.
And it looks like TX didn’t factor fire insurance costs.
good chartpack today … thanks for all the effort … liked the back and forth discussion as you laid out possible outcomes …… one thing we (most) know, markets fool the most … and its been one wild ride up, so far ……. given all the gloom and doom over the years … good luck all
UPS just made a delivery – that I didn’t order.
Four large boxes – roughly 22Lx18Wx14T
All four are “stuffed” with freeze dried food – from the company in Texas that I order from regularly. The packing list was taped to the top of box number one – and it is impressive – but it does not state who made the purchase.
There is a lot of money here. I went and checked my bank account just to make sure I didn’t make the order while sleep-walking, or something.., nope, no recent orders. And anything over $250 I get an email advisory from my bank. And this is a heck of a lot more then $250. This roughly close to $4,800. And I have never made an order that big.
I haven’t opened the boxes, as yet, to verify the contents to the packing list. For now, I am going to assume it is correct.., and just wait and see if anyone fesses-up to spending what is probably six months worth of long-shelf-time dinners and sending it to me – unannounced., for what reason, I haven’t a clue. [ Jumbo shrimp in Creole sauce ? / 2 Dinners – $54 – I didn’t know they made that.]
– Kind of weird. [ .., and, What’s the catch ?]
Well, you just said the “catch” was jumbo shrimp – I reckon it’s a poker player somewhere or some other party you did a good turn in your previous equalizer days…just a guess, mind you. (Didja check with the missus? Got a boat to put it on?)
Good Grief! Don’t question the jackpot. Stuff it in the bunker, quick!
We all took up a collection.
The freeze dried rations may come in handy some day, but there is no rush in using them. Try and find a cool dry place for them. A spot that a looter won’t find them is even better.
But I have to admit, this almost sounds like an Andy tale.
People do that.. someone that truly cares seen what they think is going on and that you had the need or they assumed you had the need..
when I make deliveries to someone that I know or think I know has the need.. that’s how I do it to. the silent benefactor to give you an edge.. accept their gift graciously.. then sometime down the road..if you see someone thumbing through their wallet mentality questioning their ability..then pay it forward.. A hand up never a hand out !!
re: assessing a glass half full
feat: toasting dei
Folks,
The “CBC” has issued a report in support of cripped Canadian musicians who composed and played despite disabilities. I thought crips referenced American urban gang members. However the word “crip” has apparently been “reclaimed by members of the disability community”. Here is a link to the “CBC” article. I hope it isn’t blocked to neighbors behind the Great American Firewall.
https://www.cbc.ca/1.7542690
As chance would have it, the two Canadian musical greats mentioned by the “CBC” also hold American citizenship and are understood to live in the USA for the most part. (Does Mr. Trump owing Canada extra tariff duty ring a right note?) Also in the spirit of the subject matter, the CBC report of unattributed author and his/their(?) editorial team dropped a spelling “crip” in the second sentence as follows: “…, an associate professor at TMU’s School fo (sic) Disability Studies writes…”.
Certainly one looks on in awe that “Peoplenomics” rolled off the keyboard at its anointed hour despite Mr. Ure’s previous advice of a prior appointment in the dental chair. In fact, DJ George might well exclaim “he didn’t miss a beat!”.
Speaking of which, let’s give DJ George the last word on this with a cover by the Fab Four. Here we go with:
“Roll Over Beethoven”.
I read the prognosis for the rest of the year with incredulity! While I really do appreciate other intelligent points of view, it seems virtually opposite to my own take on life. I can’t imagine spending the amounts on medical that were listed. My biggest expenses that way are dental, with eye exams and contacts a distant second. Life is risky and nobody will save you – it’s one of the first things you learn when you get stuck in a squall or TRW at 8500 feet alone! In life, you live or die due to your own decisions. Medical insurance can help if you incur medical expenses, but those may be anywhere from zero to infinity and you don’t get to see the estimate ahead of time. You may even be denied! Personally, I’ve decided that for now, I’ll forego what’s offered and go bare. Medicare part A is forced upon you to get SS, but I’d rather avoid using it. It’s pay for pain! For many/most people, it might work, but not for all of us. Often it’s best to just tough it out.
Insurance always has a profit motive, and fear is their primary way of selling it. Yes, all hell can break loose in your life, and good luck getting the insurance company to pay! Usually you’ll need to sue them, and they have lawyers on staff. Most of the time it’s better to self insure, since that way there are no exceptions to coverage. Unfortunately, with auto insurance, avoiding it is more costly than buying the minimum. Of course, each person has their own personal risk tolerance.
The article on quality of life in various locations was interesting, though the only metric of theirs that mattered to me was crime and violence. You can only secure so much alone and have to sleep at least part of the time. Stuff matters, and I want it there in the morning. Other things like schools hardly matter once your kids are grown, and we have the internet today. Medical services were covered in a previous paragraph. Climate matters – and that may exclude most of the country so you need to find where you enjoy. Freedom to be, to do, and to be left alone are probably primary on my list, and the article never mentioned those.
I used to view the Peoplenomics data with incredulity myself. But risk spreading it a bitch. Without insurance, I tallied up the costs of four (1/2) eye surgeries, today’s root canal, the one last November, two total hip replacements for Elaine…why, the list goes on. And then there’s my consigiliere who patiently schools “The biggest single source of bankruptcy when old is? Healthcare costs!” I wasn’ trying to be alarmist on this stuff. Those are real averages, real risks, and unlike auto where the Stqte requires insurance, the onlty “demand:” presently on home insurance is coming from mortgage companies. Do a private sale and you can risk=-spread back o lender but shysters in an office building? They won’t hear of it…
George, I agree that you need to evaluate costs based on your own assessment of risks. Two eye operations and Elaine’s double hip replacement would certainly cost plenty, and for those with the intestinal fortitude to deal with the insurance industry, there’s the chance to make things more affordable. You’d detailed some of your insurance adventures and i commend you for being able to deal with those things to your benefit. I have no illusions that I’m on a safe path, and if I had a wife to be responsible for, I might have a slightly different attitude. That said, I’ve handled most medical situations alone, and delivered all of my kids at home with the highest out of pocket cost being diapers. This is not for the faint of heart, and it requires a very special woman in our society to want that. I’ve met decent dentists in this country, but not decently priced ones. I have found that dental care south of the border is equal, if not superior to that in our country, and the costs are about 1/5 of those here. The worst part of it is driving so many hours to get there, but I’m “retired” and the car sips gas. Walking across the border is designed to be intimidating, but it is what it is. For other medical care, such as it is, Mexico seems to have it, and I’ve not tried to use it (yet). Life is perishable and the best we can do is preserve it as best possible while enjoying the ride.
Real estate is a different deal. Land does not burn when a house does, yet the premiums are based on the total valuation, and “underinsurance” can make you a co-insurer in a legal sense. Going bare here may make sense for those with risk tolerance, especially in the face of massively rising premiums. There’s no such thing as an all-risk policy, and the companies know what to carefully avoid insuring. I’ve been denied payment after a house burned, and that was enough for me. First loss is least loss! Even getting an insurance company to defend against a slip and fall allegation required a barrage of contacts from my lawyer. To say I’m disgusted with the industry is a bit of an understatement.
(“I can’t imagine spending the amounts on medical that were listed. My biggest expenses that way are dental, with eye exams and contacts a distant second. Life is risky and nobody will save you “)
I get that .. where they getyou..is on routine crap.. see to see a doctor.. you go to the clinic.. and they ask..insurance.. you don’t have it then we need a deposit up front.. or payment .. you don’t actually get to see the doctor either..they send you to a nurse practitioner or PA.. if you do t have the estimated they send you to the ER at the th times the cost..the hospitals and trauma doctors get overwhelmed ..
one of the guys we had living in our spare bedroom.. had a Cancer Clinic visit all paid for by the VA healthcare .. he got a letter asking for his deposit for future care..he of course didn’t have it he lived in our spare bedroom.. we get to the clinic and they politely asked him to leave..I get him back in the van and he starts to cry..what about me and my life.. I had to tell him its ok we will get social worker to fix it..they did three months later he bot in..later he needed to go back after the treatments..( he no longer lived with us) and the VA wasn’t involved his sister told me she had been trying to get him back in for a year.. no cash your out..for my eyes it was the same thing sent me to see a specialist and then they sent me a bill the office visit no coffee no cookies ten minutes no tests 4000.00 …
if you have money you can get into see a doctor anytime.. the insurance industry a joke at best but to get in you need it..
my wife has had minor strokes insurance catastrophic only was a couple grand a month plus.. for the twenty years they paid zero on anything.. Now imagine if those funds had been put in savings bonds double after seven years..that would be maturing now 980000.00 in savings bonds..but to get medical treatment you need that stupid card..
I struggled to get the supplement insurance to pay the dental visits not mucha couple grand .. they just couldn’t get it done.. Americans spend trillions on these needless policies that more often refuse to cover what they say they will..my daughter and her family is heading out in a couple weeks for a company sponsored two week cruise for a job well done..
Insurance.. its also why we have one of the worst ratted healthcare systems on the planet..its the business model. the insurance company refuses to pay then the deductible .. the medical institutions then have to raise rent on space to the doctors .. go after everything of the patients leaving them homeless and destitute.. our efficient politicians in turn hand out billions for research and development of new pharmacology then charge the citizens tens of thousands of percent more for the medications they paid the pharmaceutical companies to develop ..
your home loan home insurance.. same thing.. they send some jo!er to come out and tell you just how worthless you stuff is when you the home owner have to figure out how to replace any of it.. the fire in LA I had two second cousins all lost their homes cars everything.. oops the insurance they had paid in for decades said sorry nothing for you..
the healthcare industry can be fixed the insurance industry can be fixed..
if you have money no problems if you don’t well that’s to bad..
My house insurance went up 60%. No way can I continue to pay it at my old age living just on social insecurity. Can’t even discuss it with my son as he is recovering from a major heart attack at 54.
Ours did the same thing..taxes doubled .. with the bank loan.. still got fifteen left and the insurance taxes and what’s left of the dental costs the payments was two hundred more than we took in.. with utilities and everything I had to drastically cut everything even after four months I got it down.. but what’s left is six hundred for utilities groceries auto expenses and any little thing that could come up.. I tried to talk the wife into selling moving somewhere else..rent as at the height that wouldn’t benefit either of us..we would be simply moving into the same situation we are in now..
now the clinker… 70 million people are in the exact same boat..
retail costs the president wants to get manufacturer’s to start making at home again..but to target the ones like billies pocket pool that are responsible with their business model would be similar to smacking your finger with a hammer on purpose..so he decided to punish those not responsible as a blanket tariff.. this ultimately affects everyone ..so seeing markets going up sort of has me thinking its smoke and mirrors to keep the economy from collapsing like a Weimar depression..
I found a very interesting posting today on the Peak Prosperity website hosted by Dr. Chris Martenson (PeakProsperity.com).
It is a blog entry titled “The Signal Hour” for May 28, 2025 and titled “AI’s Dark Side, Economic Collapse, And Europe’s Plunge”.
The first 25 Minutes, or so, covers news on the fast evolution of the nature and self reprogramming of the AI code by itself.
It is VERY disturbing.
Later in the 1 Hour and 20 minute presentation (I download the audio version to replay and take notes) there is a discussion (at 25:25) of how the “Big Beautiful Bill” now working it’s way through congress contains legal code that forbids (for 10 years ) any LOCAL authority (State level and below) from enacting any legislation or regulation that would hinder the implementation of AI systems OR AUTOMATED DECISION MAKING SYSTEMS for the next ten years (whether the systems came from the Federal Government or from NGO’s).
Thank you George for all the work you have done, over the years, to provide your website as source of news and as a gathering place for a group of delightfully interesting people.
73 & 72
” how the “Big Beautiful Bill” now working it’s way through congress contains legal code that forbids (for 10 years ) any LOCAL authority (State level and below) from enacting any legislation or regulation”
So, did you read the bill?
If not, you’re just repeating a rumor that someone else created.
That “entered into interstate commerce” thingy is actually important.
The actual text of the actual Bill is:
——
SEC. 43201. ARTIFICIAL INTELLIGENCE AND INFORMATION TECHNOLOGY MODERNIZATION INITIATIVE.
(a) Appropriation of Funds.–There is hereby appropriated to the
Department of Commerce for fiscal year 2025, out of any funds in the
Treasury not otherwise appropriated, $500,000,000, to remain available until September 30, 2034, to modernize and secure Federal information technology systems through the deployment of commercial artificial intelligence, the deployment of automation technologies, and the replacement of antiquated business systems in accordance with subsection (b).
(b) Authorized Uses.–The Secretary of Commerce shall use the funds appropriated under subsection (a) for the following:
(1) To replace or modernize, within the Department of
Commerce, legacy business systems with state-of-the-art
commercial artificial intelligence systems and automated
decision systems.
(2) To facilitate, within the Department of Commerce, the
adoption of artificial intelligence models that increase
operational efficiency and service delivery.
(3) To improve, within the Department of Commerce, the
cybersecurity posture of Federal information technology systems
through modernized architecture, automated threat detection,
and integrated artificial intelligence solutions.
(c) Moratorium.–
(1) In general.–Except as provided in paragraph (2), no
State or political subdivision thereof may enforce, during the
10-year period beginning on the date of the enactment of this
Act, any law or regulation of that State or a political
subdivision thereof limiting, restricting, or otherwise
regulating artificial intelligence models, artificial
intelligence systems, or automated decision systems entered
into interstate commerce.
(2) Rule of construction.–Paragraph (1) may not be
construed to prohibit the enforcement of–
(A) any law or regulation that–
(i) the primary purpose and effect of which
is to–
(I) remove legal impediments to, or
facilitate the deployment or operation
of, an artificial intelligence model,
artificial intelligence system, or
automated decision system; or
(II) streamline licensing,
permitting, routing, zoning,
procurement, or reporting procedures in
a manner that facilitates the adoption
of artificial intelligence models,
artificial intelligence systems, or
automated decision systems;
(ii) does not impose any substantive
design, performance, data-handling,
documentation, civil liability, taxation, fee,
or other requirement on artificial intelligence
models, artificial intelligence systems, or
automated decision systems unless such
requirement–
(I) is imposed under Federal law;
or
(II) in the case of a requirement
imposed under a generally applicable
law, is imposed in the same manner on
models and systems, other than
artificial intelligence models,
artificial intelligence systems, and
automated decision systems, that
provide comparable functions to
artificial intelligence models,
artificial intelligence systems, or
automated decision systems; and
(iii) does not impose a fee or bond
unless–
(I) such fee or bond is reasonable
and cost-based; and
(II) under such fee or bond,
artificial intelligence models,
artificial intelligence systems, and
automated decision systems are treated
in the same manner as other models and
systems that perform comparable
functions; or
(B) any provision of a law or regulation to the
extent that the violation of such provision carries a
criminal penalty.
(d) Definitions.–In this section:
(1) Artificial intelligence.–The term “artificial
intelligence” has the meaning given such term in section 5002
of the National Artificial Intelligence Initiative Act of 2020
(15 U.S.C. 9401).
(2) Artificial intelligence model.–The term “artificial
intelligence model” means a software component of an
information system that implements artificial intelligence
technology and uses computational, statistical, or machine-
learning techniques to produce outputs from a defined set of
inputs.
(3) Artificial intelligence system.–The term “artificial
intelligence system” means any data system, hardware, tool, or
utility that operates, in whole or in part, using artificial
intelligence.
(4) Automated decision system.–The term “automated
decision system” means any computational process derived from
machine learning, statistical modeling, data analytics, or
artificial intelligence that issues a simplified output,
including a score, classification, or recommendation, to
materially influence or replace human decision making.
______
The entire bill, as passed by the House, may be found HERE:
https://www.congress.gov/bill/119th-congress/house-bill/1/text
If you are going to “seek truth,” then seel actual truth, not someone else’s opinion or expression of THEIR truth.
Here is a link to the latest stuff at Peak Prosperity:
https://peakprosperity.com/the-fat-pipe-ai-is-the-reason-trump-ignorant-about-ukraine-russia-the-coming-dc-fiscal-trainwreck-and-trans-violence/?utm_source=peak-referral&utm_id=2025-05-29+the-fat-pipe-ai-is-the-reason-trump-ignorant-about-ukraine-russia-the-coming-dc-fiscal-trainwreck-and-trans-violence&pp_ref_u=107829&uuid=927b6e6f5657b04a24247c82ec412a193d1dbebe4386637f9b6b8333abeb652c&time=1748500454&post_id=701157