California’s SB 1047 Won’t Address Existential Risks From AI

  • 📰 ForbesTech
  • ⏱ Reading Time:
  • 41 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 44%
  • Publisher: 59%

California News

SB 1047,Artificial Intelligence,AI

I am a Senior Fellow at the Competitive Enterprise Institute with a focus on innovation and dynamism. I'm author of the book Regulation and Economic Growth: Applying Economic Theory to Public Policy. My writing has appeared in the Wall Street Journal, the Los Angeles Times, and the Washington Post.

Over the last year, the rapid advancement of artificial intelligence has captivated the world’s attention, sparking both excitement and concern. As AI systems like OpenAI’s ChatGPT become increasingly sophisticated, policymakers are grappling with how to ensure that this transformative technology is developed and deployed responsibly. In California, State Senator Scott Wiener has introduced legislation aimed at mitigating the potential existential risks posed by AI.

The shut down switch and incident reporting requirements make the most sense in SB 1047, but even these are not failure proof. For example, a shut down switch on an AI system running the electricity grid creates a vulnerability for potential hackers. Thus, this solution creates new risks even while reducing others.

While SB 1047 may have limited impact on existential risks, it could have unintended consequences of its own. By imposing burdensome regulations on AI development, the legislation risks slowing down innovation and putting California’s technology companies at a competitive disadvantage in the global race to develop advanced AI. This is particularly concerning given that these companies may be our best hope for super intelligent AI that is aligned with human values and interests.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 318. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines