California’s push to regulate artificial intelligence has riven Silicon Valley, as opponents warn the legal framework could undermine competition and the US’s position as the world leader in technology, Financial Times reported.
Having waged a fierce battle to amend or water down the bill as it passed through California’s legislature, executive at companies including OpenAI and Meta are waiting anxiously to see if Gavin Newsom, the state’s Democratic governor, will sign it into law. He has until September 30 to decide.
California is the heart of the burgeoning AI industry, and with no federal law to regulate the technology across the US — let alone a uniform global standard — the ramifications would extend far beyond the state.
Why does California want to regulate AI?
The rapid development of AI tools that can generate humanlike responses to questions have magnified perceived risks around the technology, ranging from legal disputes such as copyright infringement to misinformation and a proliferation of deepfakes. Some even think it could pose a threat to humanity.
The Verge reported artificial intelligence is moving quickly. It’s now able to mimic humans convincingly enough to fuel massive phone scams or spin up nonconsensual deepfake imagery with celebrities to be used in harassment campaigns. The urgency to regulate this technology has never been more critical — so, that’s what California, home to many of AI’s biggest players, is trying to do with a bill known as SB 1047.
SB 1047, which passed the California State Assembly and Senate in late August, is now on the desk of California Governor Gavin Newsom — who will determine the fate of the bill. While the EU and some other governments have been hammering out AI regulation for years now, SB 1047 would be the strictest framework in the US so far.
CCN reported a California bill that intends to promote the “safe and secure” development of frontier AI models has exposed a major rift in Silicon Valley.
Senior tech executives, prominent investors, and politicians on both sides of the aisle are among the bill’s critics. Meanwhile, supporters of SB-1047 include Elon Musk, Vitalik Buterin, and, most recently, an alliance of current and former employees of AI companies, including OpenAI, Google, Anthropic, Meta, and xAI.
Having made its way through the California legislature, only Governor Gavin Newsom’s approval is needed to sign SB-1047 into law. As the deadline for him to decide on his position approaches, Newsom has come under pressure from both sides.
In my opinion, there are going to be people who are all for Governor Newsom signing SB-1047, and people who don’t want the Governor to do that. Californian’s will have to wait and see what the outcome will be.