AI safety legislation AI News & Updates
California Senate Approves AI Safety Bill SB 53 Targeting Companies Over $500M Revenue
California's state senate has approved AI safety bill SB 53, which targets large AI companies making over $500 million annually and requires safety reports, incident reporting, and whistleblower protections. The bill is narrower than last year's vetoed SB 1047 and has received endorsement from AI company Anthropic. It now awaits Governor Newsom's signature amid potential federal-state tensions over AI regulation under the Trump administration.
Skynet Chance (-0.08%): The bill creates meaningful oversight mechanisms including mandatory safety reports, incident reporting, and whistleblower protections for large AI companies, which could help identify and mitigate risks before they escalate. These transparency requirements and accountability measures represent steps toward better control and monitoring of advanced AI systems.
Skynet Date (+0 days): While the bill provides safety oversight, it only applies to companies over $500M revenue and focuses on reporting rather than restricting capabilities development. The regulatory framework may slightly slow deployment timelines but doesn't significantly impede the underlying pace of AI advancement.
AGI Progress (-0.01%): The legislation primarily focuses on safety reporting and transparency rather than restricting core AI research and development capabilities. While it may create some administrative overhead for large companies, it doesn't fundamentally alter the technical trajectory toward AGI.
AGI Date (+0 days): The bill's compliance requirements may introduce modest delays in model deployment and development cycles for affected companies. However, the narrow scope targeting only large revenue-generating companies limits broader impact on the overall AGI development timeline.