Fox News AI Newsletter: ‘Setback’ for AI safety

IN TODAY’S NEWSLETTER:

– Newsom vetoes bill to establish first-in-nation AI safety regulations in California

– How Nvidia’s monster rally broke your tech ETF

– San Francisco rolls out AI-powered cameras to combat crime

– Hollywood studio integrates AI into filmmaking: a creator’s dream or nightmare?

California Gov. Gavin Newsom speaks to reporters after a presidential debate between President Joe Biden and Republican presidential candidate former President Donald Trump in Atlanta on Thursday, June 27, 2024.  (AP Photo/John Bazemore)

SAFETY SETBACK: California Gov. Gavin Newsom, a Democrat, on Sunday vetoed a bill to create safety measures for large artificial intelligence models, which would have been the first such law in the nation.

AI BOOM : Investors in the behemoth SPDR technology sector fund might be surprised to learn that until last week their exposure to Nvidia was roughly four times that of Apple, despite their comparable market values. 

Mobile surveillance unit (Kurt "CyberGuy" Knutsson)

SF’S CRIME WEAPON: San Francisco is taking a bold step in its fight against crime by deploying three new mobile surveillance cameras. This initiative is part of a larger strategy to leverage advanced technology to enhance law enforcement efforts and improve public safety across the city.

AI FILMMAKING SHAKEUP : Though the buzz in Hollywood over artificial intelligence is old news, Lionsgate’s revolutionary move into AI is about to take the industry by storm. With AI being the cornerstone issue of both the writers’ and actors’ strikes in Hollywood in 2023, the industry is now witnessing how AI is being utilized in real time.

Illustration of AI being used in Hollywood (Kurt "CyberGuy" Knutsson)

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