A popular state bill could transform the AI industry. But two federal lawmakers from Silicon Valley don’t like it

A popular state bill could transform the AI industry. But two federal lawmakers from Silicon Valley don’t like it

2 months ago
Anonymous $genLyrxdTY

https://www.eastbaytimes.com/2024/08/14/silicon-valley-artificial-intelligence-entrepreneurs-say-new-ai-bill-is-bad-for-business/

The fate of a bill that could reshape Silicon Valley’s surging artificial intelligence industry could be decided this week, with everyone from big tech to members of Congress jockeying to influence the outcome.

Among the hundreds of bills scheduled for funding decisions by the powerful California State Assembly’s Appropriations Committee on Thursday is a controversial plan to regulate the AI industry. The proposed legislation, SB 1047, is polarizing Silicon Valley and has even prompted two federal lawmakers representing the area to take the unusual step of chiming in on Sacramento business.