The nascent AI industry has attracted untold hundreds of billions of dollars in investment over the past few years, but it’s still operating in a near-total regulatory vacuum.

That’s not to say it’s had no negative impact. The tech has been linked to a wave of mental health breakdowns, suicides and even murder — and that’s without getting into allegations about the sector’s surveillance of users, copyright violations, and other alleged negative effects on users and society.

Now, lawmakers are starting to play catch-up. This week, California governor Gavin Newsom signed what proponents say is the first AI safety and transparency law in the US. The Transparency in Frontier Artificial Intelligence Act, also known as SB 53, requires AI companies with over $500 million in revenue to publicly

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