California’s SB 53: A Real Check on Big AI Companies?
Why California’s SB 53 might provide a meaningful check on big AI companies by enforcing safety rules and accountability.
Matilda
California’s SB 53: A Real Check on Big AI Companies?
Why California’s SB 53 Might Provide a Meaningful Check on Big AI Companies California is once again in the spotlight of AI regulation. Why California’s SB 53 might provide a meaningful check on big AI companies is now a key question as the state senate approved the bill, sending it to Governor Gavin Newsom’s desk for signature or veto. Image Credits:Melinda Podor / Getty Images Unlike last year’s SB 1047, which Newsom rejected, SB 53 takes a narrower, more targeted approach. It specifically applies to large AI companies generating more than $500 million in annual revenue—an intentional move to hold the most powerful AI players accountable. What Makes SB 53 Different? State senator Scott Wiener drafted SB 53 with lessons learned from the failure of SB 1047. The earlier proposal faced major pushback, but this new version zeroes in on the giants of the industry. Applies only to big AI companies with massive revenue. Mandates safety reporting for AI models. Requires disclosure of incidents direc…