Don't Worry About the Vase Podcast RTFB: The RAISE Act
Jun 16, 2025
Delve into the intricacies of the RAISE Act, examining its journey through legislation and the demand for transparency in frontier AI development. Unpack the regulatory challenges facing large tech firms versus smaller startups, and tackle the misconceptions surrounding industry impact. Consider the liabilities large developers must address when AI harms occur, and understand the critical safety protocols necessary for compliance. Finally, discover the importance of implementing robust Safety and Security Plans for responsible AI innovation.
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Bill Progress and Governor's Role
- The bill has passed overwhelmingly in the New York Assembly and Senate with strong bipartisan support.
- Governor Hochul has a time-limited window to decide on signing, but delivery of the bill may be delayed.
RAISE Act Promotes Transparency
- The RAISE Act mainly serves as a transparency bill for frontier AI models.
- It imposes limited financial penalties and encourages safety protocols without heavy burdens on companies.
Strong Support Despite Industry Pushback
- The RAISE Act enjoys strong bipartisan support and high public approval in New York, despite industry opposition.
- Lobbying efforts by industry players like A16Z are expected to intensify against the bill.