An update here: Governor Gavin Newsom expressed concerns about California’s AI bill SB 1047, which aims to prevent AI-related disasters by holding vendors accountable. The bill has passed the legislature in California. He emphasized the need for regulations that address current risks without hindering the AI industry. While he acknowledged the bill’s potential impact, he has not yet decided whether to sign or veto it, facing pressure from supporters and critics within the tech community.
He signed five other bills into law around AI. Key measures include requiring platforms to remove or label election deepfakes, mandating disclosures for AI-generated political ads, and prohibiting studios from creating AI replicas of actors without consent.
The Biden administration will host a global AI safety summit on November 20-21 in San Francisco, aiming to enhance international cooperation on the safe development of artificial intelligence. The summit will involve members of the International Network of AI Safety Institutes and focus on technical collaboration and knowledge sharing, addressing concerns about generative AI’s potential risks. This initiative follows stalled legislative efforts in Congress regarding AI regulation and aims to establish safety and trust in AI technologies.
A survey from SolarWinds reveals that 88% of IT professionals support stronger government regulation of AI, citing security and privacy concerns as primary issues. Many emphasize the need for measures to secure infrastructure and safeguard sensitive information. Additionally, 55% believe government intervention is necessary to combat misinformation, while 50% advocate for transparency in AI development. Trust in data quality is low, with only 38% feeling confident, and 40% attribute AI issues to algorithmic errors from biased data. A significant barrier to AI adoption is the lack of preparedness for data demands, with 46% believing their companies are slow to implement AI due to data quality challenges.
Why do we care?
So, no answer. In my perfect world, Congress would handle this at a federal level. This AI regulation is broadly popular, so resistance isn’t the holdup. Regardless of the implementation of the law, the framework of the bills are ones to leverage. IF you’re compliant even without the law, you’ll keep your customers out of trouble. Companies that align with the spirit of these laws now will be better positioned to meet both customer expectations and regulatory requirements as they evolve.