frontier AI models AI News & Updates
New York Passes RAISE Act Requiring Safety Standards for Frontier AI Models
New York state lawmakers passed the RAISE Act, which requires major AI companies like OpenAI, Google, and Anthropic to publish safety reports and follow transparency standards for AI models trained with over $100 million in computing resources. The bill aims to prevent AI-fueled disasters causing over 100 casualties or $1 billion in damages, with civil penalties up to $30 million for non-compliance. The legislation now awaits Governor Kathy Hochul's signature and represents the first legally mandated transparency standards for frontier AI labs in America.
Skynet Chance (-0.08%): The RAISE Act establishes mandatory transparency requirements and safety reporting standards for frontier AI models, creating oversight mechanisms that could help identify and mitigate dangerous AI behaviors before they escalate. These regulatory safeguards represent a positive step toward preventing uncontrolled AI scenarios.
Skynet Date (+0 days): While the regulation provides important safety oversight, the relatively light regulatory burden and focus on transparency rather than capability restrictions means it's unlikely to significantly slow down AI development timelines. The requirements may add some compliance overhead but shouldn't substantially delay progress toward advanced AI systems.
AGI Progress (-0.01%): The RAISE Act imposes transparency and safety reporting requirements that may create some administrative overhead for AI companies, potentially slowing development slightly. However, the bill was specifically designed not to chill innovation, so the impact on actual AGI research progress should be minimal.
AGI Date (+0 days): The regulatory compliance requirements may introduce minor delays in AI model development and deployment as companies adapt to new reporting standards. However, given the bill's light regulatory burden and focus on transparency rather than capability restrictions, the impact on AGI timeline acceleration should be negligible.