Overview

• Elon Musk surprised many by supporting the AI regulation bill, SB 1047.
• The bill seeks to enforce safety protocols for large-scale AI models costing at least $100 million.
• Political figures like Nancy Pelosi and London Breed argue the bill could stifle innovation.
• OpenAI and Meta oppose the bill, citing concerns over compliance costs and innovation impact.
• The bill needs to pass by August 31 to reach Governor Gavin Newsom's desk this year.