New York is considering two bills to rein in the AI industry
Summary
New York's legislature is considering two bills aimed at regulating AI-generated content, including mandatory disclaimers and a three-year moratorium on new data centers. The proposed NY FAIR News Act emphasizes human oversight in AI content creation.
Key Insights
What are the two bills New York is considering to regulate the AI industry?
Contrary to the title suggesting consideration, New York has enacted two key AI laws: the Responsible Artificial Intelligence Safety and Education (RAISE) Act, regulating frontier AI models with safety protocols and transparency requirements effective January 1, 2027, and S. 8420-A/A.8887-B, requiring disclosures for AI-generated synthetic performers in advertisements effective 180 days after signing.
What is a 'frontier model' under New York's RAISE Act?
Frontier models are extremely large-scale AI systems trained using over 10^26 computational operations with compute costs exceeding $100 million (or $5 million for distilled models), though amendments may include a $500 million annual revenue threshold for developers.