New York Poised to Enact First-of-Its-Kind AI Safety Law: What Businesses Need to Know About the RAISE Act
New York could soon jump into the lead of the national AI regulation race. With broad bipartisan support, state lawmakers passed the groundbreaking Responsible AI Safety and Education Act (RAISE Act) on June 12, aimed squarely to prevent catastrophic harm by advanced AI systems. If Governor Hochul signs the bill into law, New York will become the first state to impose enforceable AI safety standards on powerful “frontier models.” Here’s what your business needs to know. 💥 FP’s AI Conference will focus on the future of AI regulation and what your business needs to do to prepare. We’ll hear from two members of the bipartisan House Task Force on AI, as well as state lawmakers and analysts – register now to hear first-hand about AI regulation and much more! A High-Stakes New Frontier for AI Regulation Unlike other state-level AI efforts that focus on bias, discrimination, or consumer protection, the RAISE Act ( AB 6453 ) zeroes in on a very specific risk profile: c...