Everyday AI Podcast – An AI and ChatGPT Podcast cover image

Everyday AI Podcast – An AI and ChatGPT Podcast

EP 369: AI News That Matters - September 30th 2024

Sep 30, 2024
This week, California's Governor vetoed a controversial AI safety bill, igniting discussions on innovation versus regulation. OpenAI aims for ambitious revenue targets, while navigating leadership changes and funding dynamics. Meta unveiled its Llama 3.2 models with intriguing updates. Microsoft introduced an AI Correction feature to improve outputs, and Google's Gemini AI is now integrated into Workspace, offering added functionalities. The landscape of AI is rapidly evolving with ongoing debates about safety and profitability.
46:20

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Quick takeaways

  • California's Governor Newsom vetoed the stringent AI safety bill, emphasizing concerns over stifling innovation in the tech industry.
  • OpenAI is planning a significant price increase for ChatGPT subscription services to meet ambitious revenue goals amidst operational cost challenges.

Deep dives

California's AI Safety Bill Vetoed

California's Governor Gavin Newsom vetoed the proposed AI safety bill SB 1047, which aimed to enforce strict regulations on the AI industry. This bill was designed to hold tech companies accountable for any harms caused by AI systems and required a fail-safe mechanism for them. Newsom expressed concerns that the bill's stringent requirements could stifle innovation, particularly for smaller companies amidst lobbying efforts from major tech players like OpenAI and Google. The lack of a comprehensive AI safety law raises questions about industry regulation moving forward, especially as other states pursue more targeted laws.

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