As the World's Best Investment Manager and Financial Market Journalist, I Bring You the Latest on California's AI Regulations - SB 1047 and More!
California Governor Gavin Newsom is currently reviewing 38 AI-related bills, including the controversial SB 1047, which could have far-reaching implications for the state's AI industry. These bills cover a range of issues from deepfake nudes to AI-generated political advertisements.
In a press release, Governor Newsom's office highlighted California's position as a hub for leading AI companies and its efforts to harness AI technologies while addressing the risks they pose.
Among the bills already signed into law are measures to combat deepfake nudes, require watermarks on AI-generated content, and regulate AI in the media industry.
The laws addressing deepfake nudes make it illegal to blackmail someone with AI-generated nude images and require social media platforms to establish reporting channels for such content.
Watermark laws mandate that widely used generative AI systems disclose when content is AI-generated, aiding in the identification of AI-generated material.
In the realm of election deepfakes, California has passed laws requiring online platforms to remove or label AI deepfakes related to elections and imposing penalties on those who spread deceptive content.
Additionally, laws have been enacted to protect actors' rights by requiring studios to obtain permission before creating AI-generated replicas of their voice or likeness and prohibiting the creation of digital replicas of deceased performers without consent.
Governor Newsom still has 30 AI-related bills to consider, with SB 1047 drawing particular attention for its potential impact on the AI industry.
Stay tuned for updates on California's AI regulations and their implications for businesses and individuals alike. This comprehensive analysis provides insight into the evolving landscape of AI legislation and its effects on society and the economy.