• 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

a year 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 Difficulty Adjustment Shows Minimal Change

chest

The latest Bitcoin Difficulty adjustment resulted in a minor increase of 0.45, reflecting a stable Hashrate trend.

user avatarAyman Ben Youssef

Bitcoin Hashrate Recovers After January Snowstorm

chest

Bitcoin miners have experienced a recovery in Hashrate after a significant drop due to a snowstorm in late January, leading to a Difficulty increase.

user avatarTando Nkube

Senator Thom Tillis Central to CLARITY Act Negotiations

chest

Senator Thom Tillis is emerging as a key figure in the negotiations surrounding the CLARITY Act, particularly regarding stablecoin yield and reward programs.

user avatarKofi Adjeman

Bitcoin ETFs Experience Significant Outflows Amid Energy Shock

chest

Bitcoin ETFs recorded a net outflow of approximately 1.392 million on March 5, reflecting a rapid shift toward risk aversion among institutional investors.

user avatarNguyen Van Long

Over 10,000 Bitcoin Vulnerable to Quantum Attacks

chest

A report reveals that more than 10,000 Bitcoin are at risk from potential quantum computing attacks.

user avatarSatoshi Nakamura

Bitcoin Developers Consider Quantum-Resistant Solutions

chest

Bitcoin developers are debating solutions to protect against quantum computing threats, including a potential hard fork for post-quantum cryptography.

user avatarJesper Sørensen

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.