California's Controversial Bill Poses Major Changes for AI Industry

California is on the precipice of sanctioning an unprecedented bill, SB 1047, that would revolutionize the AI industry with stringent safety regulations. 

The legislation, greenlit by the state's Assembly Appropriations Committee, would hold AI developers accountable for their products output, potentially causing a seismic shift in the industry landscape. 

Tech behemoth OpenAI is among the critics, claiming that such regulations could stifle innovation. The bill arms the state attorney general with the power to pursue injunctions against unsafe AI models, with non-compliant companies facing civil penalties. 

As of now, the bill awaits a decisive vote in the state's full Assembly.

- CyberBeat