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VisitWill AI startups relocate out of California due to SB 1047 by end of 2024?
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California Senate Passes SB 1047, Regulating Advanced AI Development
May 22, 2024, 05:21 AM
The California Senate has passed SB 1047, a controversial bill aimed at regulating the development of advanced AI models. The bill, authored by State Senator Scott Wiener, mandates that AI models trained with over 10^26 FLOPS must not be fine-tunable to create chemical or biological weapons. Additionally, developers are required to implement a shutdown capability for these models and submit significant paperwork and reporting to the government. Critics argue that the bill could stifle open-source AI development and innovation, with some claiming it is anti-little tech and anti-AI research. The bill has garnered mixed reactions, with some praising the responsible development measures while others express concerns over its potential impact on AI startups and open-source projects.
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