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

New California AI Safety Bill Sparks Debate Among Industry Leaders

user avatar

by Giorgi Kostiuk

a year ago


  1. Core of the New Bill
  2. Industry Leaders' Opinions
  3. Future of AI Regulation

  4. On August 28, a contentious California artificial intelligence bill was passed, compelling companies to implement new safety measures including an emergency stop button.

    Core of the New Bill

    The Safe and Secure Innovation for Frontier Artificial Intelligence Models Act (SB 1047) passed the California Senate 29–9 and is now sent for ratification to Governor Gavin Newsom. The new law mandates companies to implement safety protocols, including an emergency stop button for AI models.

    Industry Leaders' Opinions

    Elon Musk expressed support for the bill, favoring safety measures for AI. Meanwhile, figures like OpenAI Chief Strategy Officer Jason Kwon and Masa co-founder Calanthia Mei criticize the new regulation.

    Premature regulations like this will not only drive talent out of California; it will drive talent out of America.Calanthia Mei

    Future of AI Regulation

    Critics argue that the new law could hinder tech development in the US, while proponents like DecideAI CEO Raheel Govindji suggest democratizing control through a decentralized autonomous organization (DAO). Govindji believes a DAO could manage the emergency stop process effectively. Supporting the bill, Anthropic CEO Dario Amodei voiced support in a letter to Governor Newsom.

    The future of AI regulation in the US remains uncertain as industry opinions are deeply divided. The SB 1047 bill might set a precedent for other states, leading to new approaches and solutions in AI safety.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

The Importance of the Travel Rule in Cryptocurrency Transactions

chest

The Travel Rule aims to reduce anonymous transfers between regulated cryptocurrency service providers by requiring identifying details about the sender and recipient to accompany certain transactions.

user avatarAisha Farooq

The Evolution of Blockchain AML Compliance

chest

Blockchain AML compliance is evolving to address the unique challenges posed by cryptocurrency transactions.

user avatarLi Weicheng

Legal Victory in NFT Space Boosts Crypto Market Sentiment

chest

The US government dropped its insider trading case against Nathaniel Chastain, improving sentiment in the crypto market.

user avatarTenzin Dorje

SUI Blockchain Claims Quantum Safety Advantage

chest

SUI Blockchain claims to have a quantum safety advantage by utilizing the EDDSA algorithm, which is better suited for quantum threats compared to ECDSA. The team has developed a one-click upgrade for existing SUI addresses to become quantum-safe. SUI has gained recognition from Google and the Greek stock market for its flexibility.

user avatarBayarjavkhlan Ganbaatar

Experts Warn of Offshore Capital Flight Due to Stablecoin Interest Ban

chest

Experts warn of potential capital flight to offshore financial centers due to the proposed ban on stablecoin interest payments.

user avatarMohamed Farouk

Farcaster Announces $180 Million Refund to Investors Amid Operational Continuity

chest

Farcaster, a decentralized social protocol, announced it will refund $180 million raised from venture backers while remaining operational with over 100,000 funded wallets.

user avatarElias Mukuru

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.