• 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

ASTR Surges While AXS Declines Amid Market Speculation

chest

ASTR experienced a significant intraday rise of 401, contrasting with AXS's decline of 991, amidst a lack of clear explanations.

user avatarMiguel Rodriguez

Upcoming Earnings Reports to Impact Tech Sector

chest

Earnings reports from major tech companies are highly anticipated as investors seek signs of recovery amid AI investment concerns.

user avatarLuis Flores

FET: Leading the Way in Decentralized AI Solutions

chest

FET focuses on developing a decentralized, ethical, and accessible AI ecosystem with community-driven governance.

user avatarMaria Gutierrez

VIRTUAL Protocol: A New Player in AI Cryptocurrency

chest

VIRTUAL Protocol operates on an Ethereum Layer-2 network, allowing users to earn rewards through various interactions while managing digital assets.

user avatarAndrew Smith

Bittensor Integrates Enterprise and Academic Mining Talent

chest

Bittensor is working to attract non-crypto talent to enhance its decentralized AI network.

user avatarDavid Robinson

Potential 100 Trillion Inheritance Wave for Crypto

chest

A projected 100 trillion inheritance wave could significantly impact the cryptocurrency market dynamics over the next two decades.

user avatarZainab Kamara

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.