• 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

Nnaemeka Ani: A Visionary in African Technology

chest

Nnaemeka Ani is leading the charge for Nigeria's technological self-reliance through his initiatives at MGX Research Center and MexyGabriel.

user avatarArif Mukhtar

AI Agents Narrative in Crypto Fizzles Out

chest

The expected rise of AI agents in the crypto market did not take off as anticipated, failing to establish a strong presence.

user avatarLuis Flores

WeFi's Market Power and Regulatory Outlook

chest

WeFi's WFI token currently trades at 275 with a market cap over 21111 million, reflecting significant growth and positive market sentiment towards stablecoins and regulatory frameworks.

user avatarDavid Robinson

Nnaemeka Ani's Role in Digitizing Enugu State

chest

Nnaemeka Ani is transforming Enugu State into a digital ecosystem as the Special Adviser to the Governor on ICT, creating a model for GovernanceTech Synergy.

user avatarMaria Gutierrez

Robinhood Kicks Off Holiday Gifting Event with Free Cryptocurrency

chest

Robinhood has launched a holiday promotion offering users free cryptocurrency and rewards through a countdown event called Hood Holidays, running from December 26 to 31.

user avatarZainab Kamara

Users Encounter Glitches During Robinhood's Hood Holidays Giveaway

chest

Users faced technical issues accessing the Hood Holidays event on the Robinhood app, leading to concerns about prize distribution.

user avatarAndrew Smith

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.