Gavin Newsom Vetoes Landmark AI Regulatory Bill -So Silicon Valley Wins? What about AI Regulations?

California Governor Gavin Newsom vetoed a landmark AI safety bill (SB 1047) on September 29, 2024. The bill sought to impose safety regulations on large AI models, requiring companies to implement risk assessments and safeguards against potential harm. Newsom sided with the tech industry, citing concerns over overly stringent standards and the potential to stifle innovation. He suggested that federal regulation might be more effective than state-led initiatives. The decision drew criticism from AI safety advocates but was supported by Silicon Valley tech firms.
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