California trims AI safety bill amid fears of tech exodus
Briefly

"I'm very concerned about the effect this legislation could have on the innovation economy of California without any clear benefit for the public," wrote Lofgren in an August 7 letter to Wiener. "There is a real risk that companies will decide to incorporate in other jurisdictions or simply not release models in California."
Wiener acknowledged changes to the bill, citing input from Anthropic, stating, "While the amendments do not reflect 100 percent of the changes requested by Anthropic... I believe we've addressed the core concerns expressed by Anthropic and many others in the industry."
Governor Gavin Newsom's executive order highlighted that California is home to 35 of the top 50 AI companies in the world, emphasizing the importance of studying the development, use, and risks of AI technology.
SB 1047 is co-authored by prominent senators and has the support of AI pioneers Geoffrey Hinton and Yoshua Bengio, indicating the bill's significance in the AI landscape.
Read at Theregister
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