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A bill in California, SB-1047, is in the process of becoming law and aims to regulate artificial intelligence, particularly generative AI models developed by companies such as OpenAI and Google. The bill, known as the Safe and Secure Innovation for Frontier Artificial Intelligence Models Act, passed the legislature with a 41-9 vote and is now awaiting approval from Governor Gavin Newsom. The bill would require safety testing of AI models costing over $100 million to develop, include a kill switch to prevent AI from running amok, and be overseen by the state’s attorney general. Additionally, AI companies would need third-party auditors and whistleblower protections.

Supporters of the bill, including Elon Musk, view it as a necessary step to prevent potential dangers associated with AI technology. However, opponents, such as Nancy Pelosi, tech firms, and venture capitalists, argue that the bill could stifle innovation in the state. Companies like Meta have expressed concerns that the bill could hinder AI development, business growth, and job creation. Despite criticisms from the tech industry, the bill has moved forward and is expected to be signed into law by Governor Newsom by the end of September.

Since its introduction by Democratic state Sen. Scott Wiener in February, the bill has sparked debates on how it could impact California’s tech industry. A coalition of tech-focused groups has sent an open letter to Governor Newsom urging him to veto the bill, citing concerns about its potential negative effects on innovation and business growth. The bill’s requirements for safety testing, kill switches, oversight by the attorney general, and third-party auditors aim to ensure that AI development is conducted responsibly and with adequate safeguards in place.

The bill’s emphasis on safety testing and oversight for AI models costing over $100 million or requiring significant computing power reflects growing concerns about the potential risks associated with advanced AI technology. By requiring companies to implement a kill switch and have third-party auditors, the bill aims to mitigate the risks of AI systems malfunctioning or causing harm. With the potential for AI technology to have far-reaching implications on society, regulations like SB-1047 seek to balance innovation with responsible development and deployment of AI systems.

As the bill moves closer to becoming law, stakeholders in the tech industry will continue to monitor its progress and assess its potential impact on AI development in California. While proponents see the bill as a necessary measure to ensure the safe and responsible use of AI technology, opponents argue that it could hinder innovation and economic growth. Ultimately, the passage of SB-1047 could set a precedent for other states and countries in regulating AI development, as concerns about the ethical and safety implications of advanced AI technology continue to grow.

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