Connect with us

Bloomberg Technology

Sen. Scott Wiener Takes on OpenAI

“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…

Published

on

“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 Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
 
Listen to the daily Bloomberg Technology podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading
Advertisement
10 Comments

10 Comments

  1. @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…

  2. @EcceHomo1088

    August 23, 2024 at 4:31 pm

    Mr. wiener is a pedo…

  3. @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

  4. @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: ?

  5. @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?

  6. @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.

  7. @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?

  8. @Wubbay828

    August 25, 2024 at 4:43 am

    They can’t shut down the electricity grid

  9. @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.

Leave a Reply

Your email address will not be published. Required fields are marked *

Bloomberg Technology

Trump’s CHIPS Act, DraftKings’ Other Bets | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow discuss the future of the CHIPS Act as Donald Trump returns to Presidency and DraftKings CEO Jason Robins joins on their latest earnings and revised forecasts. Plus, cryptos gets a potential big boost under Trump 2.0. Chapters: 00:04:49 – US Bank Asset Management Group CIO Eric Freedman 00:16:59 –…

Published

on

Bloomberg’s Caroline Hyde and Ed Ludlow discuss the future of the CHIPS Act as Donald Trump returns to Presidency and DraftKings CEO Jason Robins joins on their latest earnings and revised forecasts. Plus, cryptos gets a potential big boost under Trump 2.0.

Chapters:
00:04:49 – US Bank Asset Management Group CIO Eric Freedman
00:16:59 – DraftKings CEO Jason Robins
00:33:37 – Delta Blockchain Fund General Partner Kavita Gupta
——–
“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

Like this video? Subscribe and turn on the notifications for Bloomberg Technology on YouTube:

Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

Get the latest in tech from Silicon Valley and around the world here:

Follow Ed Ludlow on Twitter here:
Follow Caroline Hyde on Twitter here:

Connect with us on…
Twitter:
Facebook:
Instagram:

Continue Reading

Bloomberg Technology

Crypto’s Trump Enthusiasm

Delta Blockchain Fund General Partner Kavita Gupta says the election of Donald Trump has been the biggest boon for crypto as markets expect more crypto clarity from the new administration. She joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the…

Published

on

Delta Blockchain Fund General Partner Kavita Gupta says the election of Donald Trump has been the biggest boon for crypto as markets expect more crypto clarity from the new administration. She joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
 
Listen to the daily Bloomberg Technology podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading

Bloomberg Technology

DraftKings Would Expand Outside of Sports If Legal: CEO

Bloomberg’s Caroline Hyde and Ed Ludlow discuss the future of the CHIPS Act as Donald Trump returns to Presidency and DraftKings CEO Jason Robins joins on their latest earnings and revised forecasts. Plus, cryptos gets a potential big boost under Trump 2.0. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the…

Published

on

Bloomberg’s Caroline Hyde and Ed Ludlow discuss the future of the CHIPS Act as Donald Trump returns to Presidency and DraftKings CEO Jason Robins joins on their latest earnings and revised forecasts. Plus, cryptos gets a potential big boost under Trump 2.0.
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
 
Listen to the daily Bloomberg Technology podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading

Trending