💨 Abstract

California Governor Gavin Newsom has vetoed an AI safety bill (SB 1047) due to its limited scope, as it only regulates expensive and large AI models, leaving smaller ones unregulated. The bill targeted companies developing generative AI, capable of responding to prompts with text, images, audio, and running repetitive tasks with minimal intervention.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖