California's proposed law to control AI will destroy nascent industry
If passed into law, it will kill innovation, concentrate power in the hands of tech giants, and cost California thousands of jobs.
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If passed into law, it will kill innovation, concentrate power in the hands of tech giants, and cost California thousands of jobs.
California's AI regulation bill SB 1047 is sending ripples through Silicon Valley. Industry experts discuss the implications with PYMNTS.
A Hawaii bill would establish an office of artificial intelligence and regulation that would decide when and if any new tools employing AI could be offered to consumers.
California legislators, under the influence of Effective Altruism activists, are trying to sneak through a disastrous bill for open-source AI and the technology industry generally. SB 1047 creates an unaccountable Frontier Model Division that will be staffed by EAs with police powers, and which can throw model developers in jail for the thoughtcrime of doing AI research. It’s being fast-tracked through the state Senate. Since many cloud and AI companies are headquartered in California, this will have worldwide impact.
Policymakers can help ensure that we maximize the good and minimize the bad, but that doesn’t require more regulatory capture, privacy concerns, or misplaced criminal liability.