• 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

New EU Regulations Set to Transform Privacy Tokens Trading Landscape

chest

New EU regulations will ban anonymous crypto accounts and privacy coins on licensed platforms by 2027, reshaping the trading landscape for privacy tokens.

user avatarFilippo Romano

Privacy Tokens Experience Unprecedented Gains Amid Regulatory Scrutiny

chest

Privacy tokens, especially Zcash, have seen significant gains recently, with its market cap rising from under $1 billion to over $7 billion, amid a declining overall cryptocurrency market and increasing regulatory scrutiny.

user avatarLucas Weissmann

IBM's Unexpected Growth as a Dividend Stock

chest

IBM has emerged as a growth leader among dividend stocks, posting a year-to-date return of 41.49%.

user avatarZainab Kamara

Amgen Inc's Robust Year-to-Date Performance

chest

Amgen Inc has achieved a year-to-date performance of 36.50%, bolstered by FDA approvals and strong earnings.

user avatarAyman Ben Youssef

Palantir Reports Significant Growth in US Commercial Business

chest

Palantir has reported a remarkable 123% increase in its US commercial business, showcasing strong enterprise demand for its AI solutions.

user avatarEmily Carter

Ten Strategies for Effective Risk Management in Energy Derivatives

chest

A report outlines ten strategies for institutional traders and corporate hedgers to manage risks in energy derivatives effectively.

user avatarKaterina Papadopoulou

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.