According to Cointelegraph, Brazil's Senate Internal Temporary Commission on Artificial Intelligence (CTIA) has approved a work plan to discuss, analyze, and potentially amend the bill on AI regulation, Senate Bill No. 2338. The Commission will hold 15 sessions, including public hearings, over the next 90 days, and aims to provide a comprehensive assessment of the document within 120 days.

Introduced by Senator Rodrigo Pacheco in December 2022, the bill focuses on the protection of fundamental rights and freedoms, the valorization of work, the dignity of the human person, and the technological innovation represented by artificial intelligence. The work plan states that the bill is a complex proposal requiring careful analytical effort to ensure the well-being of the Brazilian people and promote both economic and social growth.

During the vote's discussion, Senator Astronauta Marcos Pontes, vice-president of the Commission, expressed concern about the 'precautionary principle' included in the bill, which could potentially result in restrictions on technologies and hinder Brazil's progress in AI development. AI regulation remains a central topic of public attention this year, with top executives from major tech companies recently meeting with U.S. lawmakers to discuss potential approaches to regulation.