New York’s Bold Move to Regulate AI Giants’ Safety Protocols

New York’s Proposed AI Regulation: The Responsible AI Safety and Education (RAISE) Act

New York is poised to introduce one of the first comprehensive laws regulating advanced AI models in the United States with the Responsible AI Safety and Education (RAISE) Act. This significant legislation has already passed the state Senate and awaits the final decision from Governor Kathy Hochul.

Key Provisions of the RAISE Act

If enacted, the RAISE Act will impose strict safety measures on major AI developers, including OpenAI, Google, and Anthropic. The law mandates that these companies publish detailed safety protocols and conduct risk assessments before releasing advanced AI models to the public. Additionally, developers will be required to report serious incidents, such as model theft or instances of dangerous AI behavior. Violations of these regulations could result in civil penalties reaching up to $30 million.

Targeting Large Corporations

Senator Andrew Gounardes, one of the bill’s sponsors, emphasized that the law is specifically designed to target large corporations that dedicate more than $100 million to model training. Notably, startups and academic institutions will be exempt from these regulations. Gounardes stated, “The window to put guardrails in place is closing fast,” underscoring the urgency of the legislation.

Avoiding Previous Pitfalls

The RAISE Act was crafted to learn from previous legislative efforts, particularly California’s SB 1047 bill, which faced criticism for being overly restrictive. Unlike its predecessor, the RAISE Act does not mandate the implementation of kill switches or hold companies liable for models that undergo modifications.

Industry Response and Concerns

The proposal has drawn criticism from figures in the tech industry, with Anjney Midha, a partner at Andreessen Horowitz, labeling the bill as “dumb.” He cautioned that it could place the U.S. at a competitive disadvantage in the global tech landscape. Jack Clark, co-founder of Anthropic, also expressed concerns about the potential impact on smaller companies, indicating that the legislation might unintentionally stifle innovation.

Despite the pushback, Gounardes defended the bill, asserting that it is intentionally focused on the largest players in the market. Major tech firms such as OpenAI, Google, and Meta have not publicly commented on the bill, but some critics speculate that companies may opt not to offer their models in New York, which could significantly impact the state’s tech ecosystem. Gounardes believes this scenario is unlikely, as New York represents the third-largest economy in the U.S., making it economically unfeasible for companies to withdraw.

Potential Federal Legislation

In a related development, the U.S. House of Representatives recently passed a legislative package that could impose a ten-year ban on state-level AI regulations. If this “One Big, Beautiful” bill passes the Senate, it could effectively block laws like the RAISE Act in the future. Supporters of the moratorium, which includes major tech companies and free-market think tanks, argue that unified federal regulations are necessary to streamline the development of AI technologies. However, critics warn that such centralization could undermine consumer protections and favor industry interests over public safety.

Conclusion

The RAISE Act represents a significant step towards establishing regulatory frameworks for advanced AI technologies in New York. By mandating safety protocols and risk assessments, the legislation aims to balance innovation with public safety in an increasingly complex technological landscape. As the bill awaits the governor’s signature, its implications will likely resonate across the tech industry and set a precedent for AI regulation nationwide.

More Insights

Transforming Corporate Governance: The Impact of the EU AI Act

This research project investigates how the EU Artificial Intelligence Act is transforming corporate governance and accountability frameworks, compelling companies to reconfigure responsibilities and...

AI-Driven Cybersecurity: Bridging the Accountability Gap

As organizations increasingly adopt AI to drive innovation, they face a dual challenge: while AI enhances cybersecurity measures, it simultaneously facilitates more sophisticated cyberattacks. The...

Thailand’s Comprehensive AI Governance Strategy

Thailand is drafting principles for artificial intelligence (AI) legislation aimed at establishing an AI ecosystem and enhancing user protection from potential risks. The legislation will remove legal...

Texas Implements Groundbreaking AI Regulations in Healthcare

Texas has enacted comprehensive AI governance laws, including the Texas Responsible Artificial Intelligence Governance Act (TRAIGA) and Senate Bill 1188, which establish a framework for responsible AI...

AI Governance: Balancing Innovation and Oversight

Riskonnect has launched its new AI Governance solution, enabling organizations to manage the risks and compliance obligations of AI technologies while fostering innovation. The solution integrates...

AI Alignment: Ensuring Technology Serves Human Values

Gillian K. Hadfield has been appointed as the Bloomberg Distinguished Professor of AI Alignment and Governance at Johns Hopkins University, where she will focus on ensuring that artificial...

The Ethical Dilemma of Face Swap Technology

As AI technology evolves, face swap tools are increasingly misused for creating non-consensual explicit content, leading to significant ethical, emotional, and legal consequences. This article...

The Illusion of Influence: The EU AI Act’s Global Reach

The EU AI Act, while aiming to set a regulatory framework for artificial intelligence, faces challenges in influencing other countries due to differing legal and cultural values. This has led to the...

The Illusion of Influence: The EU AI Act’s Global Reach

The EU AI Act, while aiming to set a regulatory framework for artificial intelligence, faces challenges in influencing other countries due to differing legal and cultural values. This has led to the...