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Who’s in control of AI? Exploring the multimillion-dollar regulation struggle with Alex Bores.

Who's really running AI? Inside the billion-dollar battle over regulation with Alex Bores 

Who's really running AI? Inside the billion-dollar battle over regulation with Alex Bores 

Pentagon vs. Anthropic: The AI Control Debate

The ongoing battle between the Pentagon and Anthropic centers on who gets to dictate the military’s use of artificial intelligence (AI). While communities across the United States are pushing back against data center constructions, the broader AI discourse has become polarized. Debate has congealed into a simplistic dichotomy: “doomers” versus “boomers.” In this complex environment, New York State Assemblymember Alex Bores is carving out a middle path, aiming for thoughtful regulation in the fast-evolving world of AI.

AI Regulation: A Balancing Act

In the latest episode of TechCrunch’s Equity podcast, host Rebecca Bellan speaks with Alex Bores, who has emerged as a pivotal player in the AI debate. As a candidate for U.S. Congress and a primary sponsor of New York’s groundbreaking AI safety legislation, the RAISE Act, Bores has found himself at the center of a whirlwind, facing intense opposition from a well-funded Silicon Valley lobbying group. This group has mobilized $125 million for attack ads against him, showcasing the high stakes involved in the regulation of AI.

The Role of Super PACs in AI Future

One of the key topics highlighted in the podcast is the emergence of competing super PACs that are now vying for influence over AI’s trajectory. Notably, Anthropic has made a significant investment—$20 million—on the pro-regulation side of the debate. This financial commitment signals a growing recognition of the need to implement safeguards as AI technologies continue to evolve rapidly.

The Regulation Landscape: Lessons from Other Industries

A major question looming over the AI regulation landscape is whether it will align more closely with established sectors like finance and biotech or follow the path of social media, which has largely remained unregulated until adverse effects became apparent. The shortcomings of social media regulation serve as a cautionary tale, suggesting that timely and effective legislation is essential to prevent unforeseen consequences in AI.

As various stakeholders in the AI debate engage in back-and-forth dialogues and lobbying efforts, it becomes evident that a well-rounded, balanced approach to regulation is crucial. This is particularly true as we approach further advancements in AI technologies that could usher in both significant benefits and potential risks.

Legislative Initiatives: What’s Next?

Looking ahead, Bores’ office is working on several key initiatives designed to tackle pressing issues related to AI. Upcoming legislative proposals will focus on:

  • Training Data Disclosure: Transparency around the data sets used to train AI systems is crucial for ethical development and deployment.

  • Content Provenance: Ensuring the authenticity and origin of AI-generated content is vital, especially in combating misinformation.

  • 43-Point National AI Framework: This comprehensive strategy aims to establish clear guidelines and best practices for AI deployment at both state and national levels.

These initiatives reflect a diligent effort to create a system of accountability in AI—one that prioritizes safety, transparency, and public interest.

Conclusion: The Future of AI Regulation

As the fight for AI regulation intensifies, the actions taken by legislators like Alex Bores may serve as a blueprint for how states can navigate the complexities of AI governance. With dueling super PACs and the looming influence of Silicon Valley, it remains essential to create balanced frameworks that safeguard both innovation and ethical considerations.

For a deeper dive into the nuances of this discussion and to hear more about the evolving landscape of AI regulation, be sure to listen to the full episode of the Equity podcast.

Stay up to date with the latest developments in tech and finance by subscribing to Equity on platforms like YouTube, Apple Podcasts, Overcast, and Spotify. Don’t forget to follow Equity on X and Threads at @EquityPod for ongoing insights and updates.

Thanks for reading. Please let us know your thoughts and ideas in the comment section down below.

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