California Governor Signs Landmark AI Bill

Gavin Newsom, the governor of California, has signed into law an AI bill that aims to boost online safety by establishing barriers AI developers need to adhere to while developing AI technology. The signing ceremony happened on Monday.

SB 53, also named TFAIA, is geared at attaining the twin objectives of enhancement and development of novel technologies while protecting the safety and freedom of users of the internet. The law requires artificial intelligence firms to publicly disclose safety protocols they follow each time they come across ‘frontier’ barriers.

The law states that enterprises encounter ‘frontier barriers’ each time they need huge amounts of power to undertake AI computations. The safety protocols they are expected to disclose indicate the specific measures they institute to forestall activities which could trigger mass mayhem or destruction. Such activities include hacking projects that are conducted on a large scale.

Newsom’s statement on the enactment of this historic law says that the state of California has demonstrated that it can establish regulations intended to not only protect communities but also enhance the thriving of AI industry growth. The statement adds that this recently signed law strikes a balance between those two needs. Newsom emphasizes that AI is a new frontier and the state is proud to be a leader in this innovation. The state is also proud to be a leader in the country by being the first to pass legislation to boost public trust in AI technology at a time when it is rapidly evolving.

Not everyone is thrilled that this bill has been signed into law. Unsurprisingly, tech firms heavily criticized the legislation arguing that such laws should only be enacted federally. However, AI firms have heavily lobbied the federal government calling for deregulation of the industry. They contend that regulation would hamstring innovation and therefore stifle AI development at a time when there is a race for supremacy between the U.S. and other major powers like China. In the companies’ view, regulations would hand dominance to China and other rivals.

On the other hand, advocates say that regulations provide vital guardrails that protect public interest since it isn’t likely that companies will, on their own, watch out for the public as some of the protections needed often go against their commercial interests.

It remains to be seen how tech giants like Microsoft Corp. (NASDAQ: MSFT) will take this new law in stride as they conduct their AI R&D projects within the jurisdiction of California. After all, Silicon Valley has earned its place as the tech capital of the world.

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