• 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

Major On-Chain Liquidation Zones Identified for Ethereum

chest

Lookonchain data reveals three significant on-chain liquidation clusters that could impact Ethereum's price dynamics if bearish pressure continues.

user avatarKofi Adjeman

Sberbank to Launch Crypto-Backed Loans for Corporates

chest

Sberbank is preparing to offer crypto-backed loans to corporate clients amid strong interest in the digital asset sector.

user avatarNguyen Van Long

Shiba Inu Price Faces Volatility Amid Mixed Sentiment

chest

Shiba Inu's price is currently experiencing significant volatility, with both positive and negative factors influencing its market performance.

user avatarSatoshi Nakamura

Jeff Park Explores the Impact of Federal Reserve Changes on Bitcoin

chest

Jeff Park discusses the implications of a potential Kevin Warsh-led Federal Reserve on Bitcoin's market dynamics.

user avatarJesper Sørensen

Jeff Park Analyzes Bitcoin's Future Amid Market Changes

chest

Jeff Park analyzes the current state of Bitcoin, emphasizing its bear market and the broken link with global liquidity, suggesting a need for new strategies as economic policies change.

user avatarRajesh Kumar

Strategy's Leadership Addresses Bitcoin Price Concerns

chest

Strategy's leadership addresses investor concerns about the company's financial health amid Bitcoin's price decline.

user avatarLucas Weissmann

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.