New York Governor Kathy Hochul signs RAISE Act to regulate AI safety

Governor Kathy Hochul has signed the RAISE Act, positioning New York arsenic the 2nd U.S. authorities to enact large AI information legislation.

State lawmakers passed RAISE Act successful June, but pursuing lobbying from the tech industry, Hochul projected changes to standard the measure back. The New York Times reports that Hochul yet agreed to motion the archetypal bill, portion lawmakers agreed to marque her requested changes adjacent year.

The measure volition necessitate ample AI developers to people accusation astir their information protocols and study information incidents to the authorities wrong 72 hours. It volition besides make a caller bureau wrong the Department of Financial Services to show AI development.

If companies neglect to taxable information reports oregon marque mendacious statements, they tin beryllium fined up to $1 cardinal ($3 cardinal for consequent violations).

California Governor Gavin Newsom signed a akin information bill successful September, which Hochul referenced successful her announcement.

“This instrumentality builds connected California’s precocious adopted framework, creating a unified benchmark among the country’s starring tech states arsenic the national authorities lags behind, failing to instrumentality common-sense regulations that support the public,” Hochul said.

State Senator Andrew Gounardes, 1 of the bill’s sponsors, posted, “Big Tech thought they could weasel their mode into sidesplitting our bill. We unopen them down and passed the strongest AI information instrumentality successful the country.”

Both OpenAI and Anthropic expressed enactment for New York’s measure portion besides calling for national legislation, with Anthropic’s caput of outer affairs Sarah Heck telling the NYT, “The information that 2 of the largest states successful the state person present enacted AI transparency authorities signals the captious value of information and should animate Congress to physique connected them.”

Not everyone successful the tech manufacture has been truthful supportive. In fact, a ace PAC backed by Andreessen Horowitz and OpenAI President Greg Brockman is looking to challenge Assemblyman Alex Bores, who co-sponsored the measure with Gounardes. (Bores told journalists, “I admit however straightforward they’re being astir it.”)

This comes aft President Donald Trump signed an enforcement order that directs national agencies to situation authorities AI laws. The bid — backed by Trump’s AI czar David Sacks — is the latest effort by the Trump Administration to curtail states’ quality to modulate AI, and volition likely beryllium challenged successful court.

We besides discussed Trump’s enforcement order, and the relation that Sacks and a16z person played successful opposing authorities AI regulation, connected the latest occurrence of the Equity podcast.