PYMNTS.com August 29, 2024
California lawmakers passed an artificial intelligence safety bill despite industry opposition.
The bill needs one more process vote before it heads to Gov. Gavin Newsome, who has until the end of September to either sign the legislation into law or veto it, Reuters reported Wednesday (Aug. 28).
Senate Bill 1047 requires safety testing by AI companies with models that cost more than $100 million to develop or those needing a defined amount of computing power. In addition, AI developers in California must establish ways to shut down their models if something goes wrong.
The bill, crafted by State Sen. Scott Wiener, aims to lessen catastrophic risks associated with AI. Tech companies such as OpenAI have criticized the legislation, arguing it...
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