While some of my colleagues have called for a heavy handed Federal approach to AI, I am very concerned that we don't smother it because it is already out there.
I hope that we can continue to learn from industry's promising advances and integrate these solutions gradually and carefully.
It is important I think the Government embraces the technology so it understands it.
The Medicare Transaction Fraud Prevention Act, which we are rolling out, is to empower CMS to use this tool to catch fraudsters.
What we just listened to there, it is going to get worse because we are at the leading edge of this technology.
It is very important that we keep this in the discussion mode. Be sure that we don't smother the technology because it is already out there.
The amount, by the way, is $60 billion a year. Defrauding Medicare. It is a lot.
AI obviously can be used for that. It also may be the tool that you can use against it.
Trust me, you can't trust anyone.
When you have got that kind of fraud nipping at its flanks, something has got to give.
What do we lose to actually learn from it when we are not talking to the people that actually get defrauded?