AI for landlords, Grok-2 unleashed, and the latest attempt at AI regulation

Bill Overview

The California AI regulation bill, SB 1047, aims to regulate AI at the model level, specifically targeting models that cost at least $100 million to develop or require significant computational resources. Devin Coldeway explains that these regulations are intended to ensure safety testing for such large-scale models, which are typically developed by major companies 1. The bill has sparked debate, with some arguing it could stifle innovation, while others believe it is necessary for oversight 2.

If you have the ability to spend $100 million on building a foundation model, you probably have the million dollars to hire the lawyers required to comply with the regulations.

--- Devin Coldeway

Mary Azevedo and Kirsten Korosec discuss the potential downsides, such as startups relocating to avoid compliance, but they also acknowledge the need for some form of regulation to prevent AI-related disasters 1.

   

Industry Impact

The proposed AI regulations could significantly impact both startups and large companies. Devin argues that the bill primarily targets large-scale models, which are typically developed by well-funded entities, thus not affecting smaller startups as much 1. He also mentions that the compliance costs are relatively low, making the regulations less burdensome than critics suggest 3.

It's not like they're saying, oh, you need to include a government backdoor. This is not a substantive thing like you're filing paperwork and you have to have the ability to shut down the model on short notice.

--- Devin Coldeway

Mary and Kirsten agree that while there may be some initial resistance, the long-term benefits of regulation could outweigh the drawbacks 3.

   

Misinformation

AI regulation is also crucial in addressing the spread of misinformation, especially with upcoming elections. Kirsten Korosec highlights the role of AI in propagating misinformation and the lack of guardrails to control it 4. Devin Coldeway points out that current voluntary limits by companies are insufficient and that new regulatory systems are needed to manage the amplification of false information 4.

You can tell Rock to generate a news release from the Biden Harris campaign and an image of Harris doing something they never did, and produce this whole fake narrative and spread it on X, and there's no guardrails against it.

--- Devin Coldeway

The discussion underscores the urgency of implementing regulations to prevent AI from being used as a tool for misinformation, which could have significant societal impacts 4.