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Key Aspects of New York's RAISE Act for AI Safety

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by Giorgi Kostiuk

17 hours ago


Recently, New York passed a bill known as the RAISE Act aimed at regulating advanced artificial intelligence systems. The bill seeks to ensure safety in the use of AI technologies and prevent potential risks.

Core Purpose of the RAISE Act

The bill aims to prevent disasters associated with advanced AI systems. It defines a disaster as an event causing death or injury to more than 100 people or resulting in damages exceeding $1 billion. This approach emphasizes the importance of preventing significant harm.

Transparency Requirements for AI Labs

A key component of the RAISE Act is the requirement for major AI labs to provide transparent safety and security reports about their models. If signed into law by the governor, this would establish the first legally mandated transparency standards for advanced AI in the US. The bill also mandates reporting of adverse behaviors and potential misuse of AI systems.

Expectations and Implications

The bill targets the largest companies that trained their models using over $100 million in resources. Despite its focus, the bill has faced criticism from the Silicon Valley industry. Some concerns have been raised regarding its impact on smaller companies. However, supporters believe that the regulatory requirements will not pose economic barriers for operations in New York.

The passage of the RAISE Act in New York reflects a commitment to ensure safety in the AI sphere. The bill aims to create a transparent reporting and accountability framework among major AI companies, which could be a crucial step in regulating high technologies and ensuring public safety.

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