California is trying to regulate its AI giants - again
Briefly

A new report highlights that companies are not properly aware of the risks posed by AI technologies. Following the veto of Senate Bill 1047 by California Governor Gavin Newsom, a team of leading AI researchers proposed a framework for better regulation and governance of AI. The report emphasizes the rapid enhancement of AI capabilities and calls for transparency and independent checks on AI models. This arises in a context of a possible 10-year state regulatory moratorium, amplifying concerns about accountability in AI technology.
A long-awaited report indicates that companies are 'simply inadequate at fully understanding' the risks and harms associated with advanced AI technologies.
The approved framework suggests more scrutiny and transparency of AI models after the veto of a stringent bill to promote responsible AI use.
The California Report on Frontier Policy was produced by leading AI researchers, combining historical case studies and modeling to propose new governance for AI.
This report is significant as it coincides with a potential moratorium on states regulating AI, highlighting urgent concerns regarding technological accountability.
Read at The Verge
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