• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

California Governor Vetoes Artificial Intelligence Bill

user avatar

by Giorgi Kostiuk

2 years ago


California Governor Gavin Newsom has vetoed the SB 1047 bill, which focuses on regulating artificial intelligence (AI). The bill generated extensive debate and mixed reactions among politicians and leading tech companies.

The Vetoed Bill

On September 30, Gavin Newsom vetoed the SB 1047 bill, known as the Safe and Secure Innovation for Frontier Artificial Intelligence Models Act. The bill proposed mandatory safety testing of AI models and other safeguards, raising concerns among tech firms about potential hindrance to innovation.

Governor's Position

In a September 29 statement, Newsom noted that the bill was overly focused on regulating existing large AI firms without addressing the real threats posed by the new technology. He argued that the stringent standards applied even to basic functions if deployed by large systems. Newsom questioned whether this was the best approach to protecting the public.

The bill applies stringent standards to even the most basic functions if a large system deploys it. I do not believe this is the best approach to protecting the public from real threats posed by the technology.None

Reaction to the Bill

Authored by San Francisco Democratic Senator Scott Wiener, the SB 1047 bill required developers in California, including major firms like OpenAI, Meta, and Google, to implement a 'kill switch' for their AI models and publish plans for mitigating extreme risks. Newsom said he had asked the world's leading AI safety experts to help California develop realistic safety measures. He also directed state agencies to expand their assessment of risks from potential catastrophic events stemming from AI development.

Despite vetoing SB 1047, Newsom emphasized the need for adequate safety protocols for AI. He indicated that regulators cannot afford to wait for a major catastrophe before taking action to protect the public. In the last 30 days, Newsom’s administration has signed over 18 bills concerning AI regulation.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin Long-Term Holder Supply Turns Positive Again

chest

Bitcoin's long-term holder supply has shifted back into positive territory, indicating a change in investor behavior.

user avatarArif Mukhtar

Ethereum's Price Structure Compared to Netflix's Historical Trading Pattern

chest

Crypto analyst Crypto Tice compares Ethereum's price structure to Netflix's trading behavior from 2003 to 2009, suggesting a potential breakout after long-term stagnation.

user avatarMaria Gutierrez

Moo Deng Meme Coin MOODENG Surges 65% Following Intruder News

chest

The Solana meme coin MOODENG has surged 65% in the last 24 hours following news of an intruder fined for entering Moo Deng's enclosure.

user avatarDavid Robinson

Man Fined for Intruding on Viral Hippo Moo Deng's Enclosure

chest

A man has been fined 300 for unlawfully entering the enclosure of the viral pygmy hippo Moo Deng at Khao Kheow Open Zoo.

user avatarAndrew Smith

SEC Drops Lawsuits Against Major Crypto Firms, Acknowledges Past Mistakes

chest

The SEC has dropped seven lawsuits against major crypto firms, including Binance and Coinbase, acknowledging past mistakes in resource allocation.

user avatarJacob Williams

Ripple Achieves Major Milestones in Legal and Regulatory Landscape

chest

Ripple has made significant progress since 2018, overcoming legal challenges and expanding its services while gaining regulatory recognition.

user avatarZainab Kamara

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.