The article discusses a proposed bill in California that aims to regulate the development and use of artificial intelligence (AI) systems. The bill, known as the Artificial Intelligence Act, would require companies to conduct risk assessments and implement risk management measures for their AI systems. It would also prohibit the use of AI for certain purposes, such as denying access to employment, housing, or healthcare based solely on the output of an AI system. The bill has raised concerns among tech giants like OpenAI, Meta, and Google, who argue that it could stifle innovation and make it harder for them to develop and deploy AI systems. However, proponents of the bill argue that it is necessary to ensure that AI systems are safe, transparent, and accountable. The article also notes that the bill is still in the early stages and may undergo significant changes before it becomes law.
Source: https://www.businessinsider.com/california-ai-bill-makes-openai-meta-google-anthropic-nervous-2024-8