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California AI bill SB 1047 aims to prevent AI disasters, but Silicon Valley warns it will cause one


Outside of sci-fi films, there's no precedent for AI systems killing people or being used in cyber attacks. However, some lawmakers want to implement A California bill introducing safeguards to prevent generative AI’s role in disasters – such as mass casualty events or large cyberattacks – is headed for a final vote in the state’s senate later in August. However, a growing swath of Silicon Valley warns the bill could have a chilling effect on the AI ecosystem.

A developer’s chief technology officer must submit an annual certification to the FMD assessing its AI model’s potential risks, how effective its safety protocol is, and a description of how the company is complying with SB 1047. California State Senator Scott Wiener, who authored the bill and represents San Francisco, tells TechCrunch that SB 1047 is an attempt to learn from past policy failures with social media and data privacy, and protect citizens before it’s too late. In early August, the venture firm’s chief legal officer, Jaikumar Ramaswamy, submitted a letter to Senator Wiener, claiming the bill “will burden startups because of its arbitrary and shifting thresholds,” creating an chilling effect on the AI ecosystem.

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