The Benefits of California’s Revised Bill That Regulate How Artificial Intelligence is Developed
The benefits of California’s revised bill that seeks to regulate how artificial intelligence is developed and deployed in the state likely outweigh the costs, California’s proposed bill on AI regulation, SB 1047, advanced by State Senator Scott Wiener, a Democrat, Developers of AI software operating in the state would need to outline methods for turning off the AI models if they go awry, effectively a kill switch. The revised bill did away with a provision for a government AI oversight committee. Alphabet’s Google and Meta have expressed concerns in letters to Wiener, with Meta saying the bill threatens to make the state unfavourable to AI development and deployment. “In our assessment the new SB 1047 is substantially improved, to the point where we believe its benefits likely outweigh its costs. Our initial concerns about the bill potentially hindering innovation due to the rapidly evolving nature of the field have been greatly reduced in the amended version.”
