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California’s AI Bill is a Recipe for Disaster

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Pelosi’s Coup: The Speaker of the House Seeks to Crush California’s AI Regulation Efforts

In a shocking move, Congresswoman Nancy Pelosi has come out against SB 1047, a California bill aimed at regulating the rapidly growing AI industry. But is her opposition a thinly veiled attempt to protect the interests of big tech at the expense of the people?

Pelosi’s statement, which claims the bill is “well-intentioned but ill-informed,” is a thinly veiled attack on the very notion of regulating AI. She’s not alone in her opposition, with other Bay Area congresspeople joining her in her crusade against the bill. But what’s really driving their opposition?

The bill, which has been amended to address concerns from critics, is now headed to California’s Assembly for a vote. But Pelosi’s seniority and profile are likely to give her opinion significant weight with California politicians, even though she has no official say in the matter. Is she using her influence to try to kill the bill and protect the interests of big tech?

“AI springs from California,” Pelosi said, “but we must have legislation that is a model for the nation and the world. We have the opportunity and responsibility to enable small entrepreneurs and academia – not big tech – to dominate.” But what does she really mean by that? Is she suggesting that small entrepreneurs and academia are better equipped to regulate AI than big tech? Or is she just trying to spin a narrative that benefits her own interests?

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