This site is updated Hourly Every Day

Trending Featured Popular Today, Right Now

Colorado's Only Reliable Source for Daily News @ Marijuana, Psychedelics & more...

Post: New AI bill introduces safeguards to enhance consumer protection

Picture of Anschutz Medical Campus

Anschutz Medical Campus

AnschutzMedicalCampus.com is an independent website not associated or affiliated with CU Anschutz Medical Campus, CU, or Fitzsimons innovation campus.

Recent Posts

Anschutz Medical Campus

New AI bill introduces safeguards to enhance consumer protection
Facebook
X
LinkedIn
WhatsApp
Telegram
Threads
Email

After a long day of school, junior Nathan Mourrain opens up his computer and stares blankly at the daunting list of tasks that seem to stretch on indefinitely. The endless scroll of menial chores blurs together, each item adding to his mounting frustration. Seeking a way to lighten the load, Mourrain turns to AI, something that has recently become more integrated into his daily life.

“As a high schooler, I have seen AI used in emailing others, in applications for job positions, and anything that has to do with writing, thanks to (Large Language Models),” Mourrain said.

While students like Mourrain find AI useful for help in lightening their workload, there is fear about how AI companies are moving forward at lightning speed without considering the full implications of their progress. That’s the issue that California Senate Bill 1047, the country’s first comprehensive legislation on artificial intelligence, hopes to address.

But the bill, approved by the California State Assembly on Aug. 29, is already raising concerns among companies developing advanced AI technologies.

Known as the “Safe and Secure Innovation for Frontier Artificial Intelligence Act,” SB 1047 targets “frontier models” — AI systems that require substantial computational power, costing $100 million or more to train. The bill mandates that developers complete thorough safety checks before releasing their technology and implement measures to minimize societal risks.

Companies that fail to adhere to these regulations will face significant fines: 10% of the cost to develop and train their AI model for the first violation and 30% for subsequent violations.

Research from the Walton Foundation and Impact Research shows that 63% of teachers use AI for curriculum development, and 42% of students rely on it for schoolwork. This trend is driven by AI technologies like LLMs, which understand and generate human-like text. Popular examples include ChatGPT and Bard.

And Computer Science teacher Christopher Bell said AI has become more accurate and efficient every year.

“You will see that now we have a lot less errors and a lot better results coming out,” Bell said. “So, AI (like Chat GPT) has definitely improved from the year and a half it has been […]

Leave a Reply

Your email address will not be published. Required fields are marked *

You Might Be Interested...