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“Congress has a very poor record in terms of regulating the tech sector and I don’t see that changing. So, California should lead.” Senator Scott Wiener discusses his proposed SB 1047 legislation which regulates AI, as it faces some opposition from Silicon Valley. He speaks on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg…
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@allenaxp6259
August 23, 2024 at 4:10 pm
Senator Scott Wiener proposed SB 1047 legislation which regulates AI seems vary reasonable and needed IMO!
@EcceHomo1088
August 23, 2024 at 4:30 pm
Look at some of this man’s pictures online…
@EcceHomo1088
August 23, 2024 at 4:31 pm
Mr. wiener is a pedo…
@Bones2Faded-dl7fq
August 24, 2024 at 5:05 am
What if AI is already being ran by imposters or outliers using the models for undermining the company
@ACPeoples
August 24, 2024 at 8:58 am
The bill is overly broad, the $500,000 limit is arbitrary. It establishes an unelected, all powerful board of AI overlords. It will kill the open source and bust open the Ai divide. All the useful Ai models will be behind a paywall.
Risk/Reward: All top open source models are developed by major companies, like Meta and Google, that have the expertise & resources. With SB 1047, the increased LEGAL LIABILITY and RISK will make developing these models too risky and maybe even impossible. For instance, Meta’s LLaMA 3.1 is currently the leading open source, LLM, model.
$500,000 Limit: Does this figure include the electricity costs for data centers? What about the overall costs of AI hardware and the licensing deals for training data…ect? Can you use initialized variables, weights, from larger models to begin training new models, or would these count toward the $500,000 limit?
Unelected AI Overlords: ?
@ACPeoples
August 24, 2024 at 9:21 am
He says it’s to reduce the risk of hacking, like shutting down the electric grid or stealing money from banks. This bill realistically reduces HACKING RISK, how?
@ACPeoples
August 24, 2024 at 9:37 am
He says, “startups aren’t apart of this” should signals that he and other lawmakers don’t understand the technology.
@GuessWho77793
August 24, 2024 at 11:52 am
The legislators should speak less with academia and more with real practitioners. Why are Canadians Hinton and Bengio mentioned in support of California bill – because both places start with CA?
@Wubbay828
August 25, 2024 at 4:43 am
They can’t shut down the electricity grid
@JonathanRLight
August 25, 2024 at 2:19 pm
Perhaps above a certain level it should rise above a state to state scope to avoid needless delays and complexities.