Alex Bores on AI Regulation, Industry Opposition, and Tech Policy
Bloomberg PodcastsDecember 18, 202548 min4,302 views
35 connections·40 entities in this video→The AI Industry's Opposition to Bores
- 🎯 Alex Bores, a New York State Assemblymember and candidate for Congress, is being targeted by a new $100 million AI super PAC called Leading the Future.
- 💡 This opposition stems from Bores's prominent role in pushing for AI regulation at the state level, particularly through the RAISE Act.
- 💰 The AI industry views state-level regulation as an existential threat, leading to significant financial backing against Bores's campaign.
The RAISE Act and AI Safety Standards
- 📜 The RAISE Act aims to establish safety standards for advanced AI research, requiring major frontier labs (like Meta, Google, OpenAI) to disclose public safety plans and critical safety incidents.
- ⚠️ A key provision prevents the release of models that fail the companies' own safety tests, drawing a parallel to the tobacco industry's past denial of health risks.
- ⚖️ The bill includes fines for violations, though the initial proposal for fines based on training costs was adjusted to a maximum of $10 million and $30 million due to New York's preference against uncapped penalties.
Defining Frontier Models and Addressing Concerns
- 🔬 The RAISE Act applies to companies spending over $100 million on compute for final model training, or those training a model that itself cost $100 million and involved 10^26 FLOPs.
- 🧠 It also addresses models trained via knowledge distillation, a technique used by China to circumvent US compute export controls.
- 🚫 While the RAISE Act focuses on safety, other legislative efforts address discrimination and the
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What’s Discussed
AI RegulationRAISE ActFrontier ModelsAI SafetyKnowledge DistillationPalantirDeepfakesGovernment TechnologyData IntegrationAI PolicySuper PACsUS-China AI CompetitionNew York State AssemblyCryptocurrency Regulation
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