Prediction markets are now pricing in a 57% chance that California passes the new AI Safety Bill.
The media calls it "Consumer Protection." I call it Regulatory Capture.
The bill mandates "safety testing" that costs UPWARDS of $100,000,000 per model.
OpenAI/Google? They can write that check from petty cash. The Open Source Startup? INSTANTLY bankrupt.
Stop calling it 'Safety.' Call it what it is. A Protection Racket.
They aren't protecting you from Skynet. They are protecting their profit margins from the kid in the garage who could build it better and cheaper.
If this passes, innovation leaves San Francisco. The future will be built in Texas, or it will be built offshore.
California is regulating itself into irrelevance.
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You don't need a law degree to see this SCAM.
Prediction markets are now pricing in a 57% chance that California passes the new AI Safety Bill.
The media calls it "Consumer Protection." I call it Regulatory Capture.
The bill mandates "safety testing" that costs UPWARDS of $100,000,000 per model.
OpenAI/Google? They can write that check from petty cash.
The Open Source Startup? INSTANTLY bankrupt.
Stop calling it 'Safety.' Call it what it is. A Protection Racket.
They aren't protecting you from Skynet. They are protecting their profit margins from the kid in the garage who could build it better and cheaper.
If this passes, innovation leaves San Francisco. The future will be built in Texas, or it will be built offshore.
California is regulating itself into irrelevance.