California governor signals caution on AI regulation as tech industry wobbles

(The Center Square) – California Gov. Gavin Newsom signaled wariness against heavy artificial regulation, telling a live audience at a major San Francisco conference that a significant piece of AI regulation heading to his desk could have a “chilling effect” on the state’s nascent AI industry.

State Sen. Scott Wiener’s SB 1047, an AI “safety” bill, passed the legislature last month and would create vast new compliance and safety regulations for large-scale AI models and fund a California government AI. Speaking at the 2024 Dreamforce conference in San Francisco with Salesforce CEO, billionaire, and campaign donor Marc Benioff, Newsom shared some of his concerns about the bill.

“We’ve been working over the last couple years to come up with some rational regulation that supports risk-taking, but not recklessness,” Newsom said. “That’s challenging now in this space, particularly with SB 1047, because of the sort of outsized impact that legislation could have, and the chilling effect, particularly in the open source community.”…

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