• 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

Coordinated Crypto Crash Linked to JPMorgan Note

chest

Analysts suggest the October 10 crypto crash was a coordinated event triggered by a revived JPMorgan note about MicroStrategy's index status.

user avatarElias Mukuru

Bitcoin BTC's Safety Net Questioned by Financial Analyst

chest

Jacob King, a financial analyst, questions the belief that Bitcoin BTC is too big to fail, highlighting the disconnect between perception and reality regarding its stability and success.

user avatarDiego Alvarez

Shell South Africa Reportedly Accepts Bitcoin Payments

chest

Shell South Africa reportedly begins accepting Bitcoin payments at fuel stations, indicating a potential trend towards cryptocurrency adoption.

user avatarKenji Takahashi

Franklin Templeton Launches XRPZ ETF on NYSE Arca

chest

Franklin Templeton has launched the Franklin XRP Trust XRPZ ETF on NYSE Arca, providing US investors with regulated access to XRP.

user avatarMaria Fernandez

Growing Institutional Interest in Prediction Markets

chest

The prediction markets sector is witnessing a surge in institutional interest, highlighted by Galaxy Digital's potential partnership with Polymarket and Kalshi.

user avatarGustavo Mendoza

Valhalla Trials Points Reset Scheduled for December 2, 2025

chest

The WEMIX PLAY Team announced a reset of all Valhalla Points in the Legend of YMIR on December 2, 2025, at 00:00 UTC, marking the end of the current Valhalla Trials and allowing players to earn new points and rewards.

user avatarRajesh Kumar

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.