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California lawmakers kill plans to curb AI-manipulated prices -- A secretive appropriations process killed or reined in three bills regulating the use of pricing algorithms. A bill to monitor data center electricity use was also culled.
Three bills to regulate AI price discrimination died or were scaled back in the state legislature during a secretive appropriations process.
The author of the legislation, Democratic San Ramon Assemblymember Rebecca Bauer-Kahan, wrote in a statement she was disappointed to see the bill stall and that, without it becoming law, state regulators would be unable to “accurately forecast demand in this rapidly growing sector, leaving California ratepayers to unfairly shoulder the costs. The Senate Appropriations Committee also voted to approve a bill that would require developers of advanced artificial intelligence models to assess the potential of catastrophic risk in their technology and give the public and employees an easy way to report to state authorities the existence of AI with the capacity to cause death, bodily injury, or damage to property. Prior to news of the death of Adam Raine, following reports of Meta’s AI chatbots speaking to children in harmful and inappropriate ways, the Attorney General of California and 43 other U.S. states sent a letter to top AI companies to warn them that they “use every facet of our authority to protect children from exploitation by predatory artificial intelligence products.”
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