Why Silicon Valley is trying so hard to kill this AI bill in California
https://www.eastbaytimes.com/2024/08/13/why-silicon-valley-is-trying-so-hard-to-kill-this-ai-bill-in-california/
Though lawmakers and advocates proposed dozens of bills to regulate artificial intelligence in California this year, none have attracted more disdain from big tech companies, startup founders, and investors than the Safe and Secure Innovation for Frontier Artificial Intelligence Models Act.
In letters to lawmakers, Meta said the legislation, Senate Bill 1047, will “deter AI innovation in California at a time where we should be promoting it,” while Google claimed the bill will make “California one of the world’s least favorable jurisdictions for AI development and deployment.” A letter signed by more than 130 startup founders and incubator Y Combinator goes even further, claiming that “vague language” could “kill California tech.”