California waters down AI safety bill to appease industry opposition

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California waters down AI safety bill to appease industry opposition - CoinGeek

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The post California waters down AI safety bill to appease industry opposition appeared first on CoinGeek.

This would be a major blow to a state currently home to 35 of the top 50 AI companies in the world, according to Governor Gavin Newsom’s (D-CA) executive order last September, which called for studying AI technology’s development, use and risks.

Congressional Representative Zoe Lofgren (D-CA) wrote to Wiener on August 7, warning, “there is a real risk that companies will decide to incorporate in other jurisdictions or simply not release models in California.