New York's Governor Kathy Hochul should scrap the state's recently passed bill regulating Artificial Intelligence development, known as the Responsible Artificial Intelligence Safety and Education (RAISE) Act. The legislation would create a tangled web of conflicting regulations if it were to be replicated nationwide.
A US defeat in setting global AI standards to those in China could have significant long-term economic repercussions, making it difficult for American businesses to compete. This situation is made worse by New York being the first state to pass such an act, which will attract few tech companies seeking a favorable regulatory environment.
Governor Hochul initially mentioned that a federal regulation would be more ideal, noting its importance in inspiring innovation. However, despite this preference, she should still exercise her veto power over the RAISE Act due to some of its contentious provisions.
One major concern with the bill is that it appears to be geared towards boosting trial lawyers rather than fostering cutting-edge tech advancements. The legislation includes provisions aimed at allowing private parties to sue other companies for damages resulting from open-source code misuse, which could stifle innovation in the United States.
On the other hand, US businesses want their designs to be made available under an open-source model, enabling other programmers to contribute and potentially creating a global standard for AI. However, current legislation, such as California's Transparency in Frontier AI Act, already contains provisions that can hinder this process by granting lawsuits on misuse of code.
New York should not replicate these provisions to further limit the development of American software. US companies would benefit from being able to compete with other countries if they have clear national guidelines set for AI regulations.
Governor Hochul's primary duty is to protect consumers while promoting innovation, but given the challenges in implementing effective regulation on cutting-edge tech issues, she should prioritize a more national approach over state-level legislation.
Vetoing the RAISE Act will enable Governor Hochul to preserve her commitment to shaping the regulatory future of AI on a national scale rather than replicating an unpopular and potentially damaging piece of legislation.
A US defeat in setting global AI standards to those in China could have significant long-term economic repercussions, making it difficult for American businesses to compete. This situation is made worse by New York being the first state to pass such an act, which will attract few tech companies seeking a favorable regulatory environment.
Governor Hochul initially mentioned that a federal regulation would be more ideal, noting its importance in inspiring innovation. However, despite this preference, she should still exercise her veto power over the RAISE Act due to some of its contentious provisions.
One major concern with the bill is that it appears to be geared towards boosting trial lawyers rather than fostering cutting-edge tech advancements. The legislation includes provisions aimed at allowing private parties to sue other companies for damages resulting from open-source code misuse, which could stifle innovation in the United States.
On the other hand, US businesses want their designs to be made available under an open-source model, enabling other programmers to contribute and potentially creating a global standard for AI. However, current legislation, such as California's Transparency in Frontier AI Act, already contains provisions that can hinder this process by granting lawsuits on misuse of code.
New York should not replicate these provisions to further limit the development of American software. US companies would benefit from being able to compete with other countries if they have clear national guidelines set for AI regulations.
Governor Hochul's primary duty is to protect consumers while promoting innovation, but given the challenges in implementing effective regulation on cutting-edge tech issues, she should prioritize a more national approach over state-level legislation.
Vetoing the RAISE Act will enable Governor Hochul to preserve her commitment to shaping the regulatory future of AI on a national scale rather than replicating an unpopular and potentially damaging piece of legislation.
This whole thing is like, super complicated... But in simple terms, if they don't regulate AI properly, it's gonna be like the Wild West over here 
. We need some national guidelines so our tech companies can compete with China and stuff. Replicating this bill nationwide would just create a mess 
. It's like Governor Hochul is trying to do the right thing but getting held back by all these other laws... Vetoing it is probably the way to go 
I mean, it's not like tech companies are gonna take advantage of people or anything... 
and what's with the open-source code thingy? isn't that supposed to be, like, good for innovation or something? 
not just sit around waiting for a federal regulation that might never come. And honestly, I'm not sure how much more regulatory burden the US can handle without stifling innovation completely 
. China is already ahead of us on this and we're gonna get left behind if we don't take bold action 
for US tech companies. I mean, think about it - if other states start following suit with their own AI regulations, we're gonna end up with a mess of conflicting laws and nobody's gonna know what to do 
. And what really gets my goat is that this law seems more like it's aimed at the lawyers than actual innovation 
. But with this law, it's like... what even is the point? 
. I think Governor Hochul should just veto this whole thing and focus on creating some national guidelines instead 
. That way we can all be on the same page and actually see some progress in this field 
.
. I mean, have you thought about how it's gonna affect the whole AI industry in the US? It's like creating a mess just for the sake of making rules 
. And honestly, who wants to be seen as the country that makes tech companies wanna bail outta here? 
Not us, right? 
We need some stability and clarity on AI regulations, not more red tape 
. On one hand, I get why Governor Hochul wants to create some guidelines for the super-speedy AI development we're seeing now... but on the other hand, it's got some serious loopholes that'll just give big law firms a free ride 
. What Governor Hochul needs to do is use her veto power and show that NY isn't about being the first state to pass something cool... it's about doing what's right for innovation 
. A national approach would be way more effective in shaping the future of AI, imo 
I'm worried that New York's move could be seen as a set-back for innovation instead of a step forward. We need clear guidelines, not conflicting regulations. 
