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Marketplace All-in-One

The AI safety bill dividing Silicon Valley

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 4 September 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

Depending on whom you ask, a bill passed by California lawmakers last week could either save us from imminent AI doom or strangle innovation in Silicon Valley. The bill, SB 1047, is one of the first significant attempts to regulate artificial intelligence in the U.S. It’s supported by some high-profile voices in tech like Elon Musk. But critics say the regulation could stifle growth in Silicon Valley. On the show today, Marketplace’s Meghan McCarty Carino is taking a closer look at the arguments for and against SB 1047 with Chase DiFeliciantonio, a reporter at The San Francisco Chronicle, who has been following the bill’s journey through the Legislature.

Transcript

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0:00.0

California is at an AI crossroads.

0:05.0

From American public media, this is Marketplace Tech.

0:07.8

I'm Megan McCarty Carino. Depending who you ask, a bill passed by California lawmakers last week could either save us from imminent AI Doom

0:27.1

or strangle innovation in Silicon Valley. The AI Safety Bill, SB 1047, is one of the first significant attempts to

0:36.7

regulate artificial intelligence in the U.S.

0:40.0

It's supported by some high- voices in tech like Elon Musk.

0:44.8

It would require AI developers to include a kill switch in their models and hold big companies

0:50.5

responsible for any harms their products cause. But critics of the bill, including

0:56.3

former Speaker of the House, Nancy Pelosi, Open AI, and Meta, say the regulation could stifle growth in Silicon Valley. So today we're taking a

1:06.3

closer look with the help of Chase D. Felici Antonio he's been following the arguments

1:11.9

for the San Francisco Chronicle.

1:14.0

The folks who are supporting this essentially are saying,

1:19.0

look, the big AI companies have been asking for about a year now in some cases longer to be regulated.

1:26.7

They want to see some kind of regulation.

1:29.3

They're essentially saying that they are building really powerful AI programs really powerful

1:35.5

powerful AI models and that they want the government involved they don't

1:39.1

want this to go off the rails have their programs be used for something really bad.

1:44.3

And so I mean that's the fundamental argument here is that there's been a lot of voluntary agreements

1:49.1

with the White House, with federal agencies, but at the same time those aren't really terribly enforceable

1:56.4

and so there's a there's really the sense that everyone has to be on the same page as far as

2:02.1

testing requirements and and what that looks

2:04.7

like.

...

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