California’s first landmark AI bill is heading for the State Assembly tomorrow. Supporters say it’s a strong first step towards regulating the technology, but opponents worry it will strangle innovation.
A new California state bill aims to mitigate some of the risks of AI with new guardrails. Experts are divided on the question of whether or not the legislation, if passed, will be a boon or a disaster for the AI industry.
The bill, titled the Safe and Secure Innovation for Frontier Artificial Intelligence Models Act, or SB 1047, targets the most advanced AI models: those that cost at least $100m and use at least 10^26 floating-point operations, or Flops (a measure of compute), during training. (For reference, OpenAI CEO Sam Altman reportedly said at a recent event that GPT-4 cost more than $100m to train.) It would apply to any models meeting those benchmarks and operating in California, regardless of where they were developed or where their parent companies are headquartered.
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{URL}https://www.thedrum.com/news/2024/08/14/california-s-ai-bill-headed-sparking-fierce-debate-silicon-valley{/URL}
{Author}Webb Wright{/Author}
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