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Will a major tech company relocate its headquarters due to AI Bill SB 1047 by December 31, 2025?
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Resolution / Starting Odds
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No • 50%
Official announcements from tech companies
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California's First-of-Its-Kind AI Bill SB 1047 Advances Amid Silicon Valley Opposition
Aug 15, 2024, 05:01 PM
California's proposed AI safety bill, SB 1047, is stirring significant debate as it advances through the legislative process. The bill, which mandates companies to test the safety of AI technologies before public release, is considered first-of-its-kind legislation. It has been met with resistance from tech giants in Silicon Valley, who argue that it could stifle innovation and push development to other states. Despite this opposition, the bill has been amended and passed through California's appropriations committee, a crucial step towards becoming law. However, amendments have weakened the bill, reducing the Attorney General's power to sue AI companies, following advice from Anthropic and other opponents.
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File lawsuit • 25%
Comply without legal action • 25%
Lobby for amendments • 25%
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Google • 25%
Meta • 25%
Microsoft • 25%
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Google DeepMind • 25%
Meta • 25%
Anthropic • 25%
Cohere • 25%
Google • 25%
Meta • 25%
Microsoft • 25%
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No official response • 25%