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On point #3, as far as I can tell, the bill criteria defines a "covered model" (a model subject to regulation under this proposal) as any model that can "cause
by sgammon 2y ago
On point #3, as far as I can tell, the bill criteria defines a "covered model" (a model subject to regulation under this proposal) as any model that can "cause $500,000 of damage" or more if misused.
A regular MacBook can cause half a million dollars of damage if misused. Easily. So I think any model of significant size would qualify.
Furthermore, the requirement to register and pre-clear models will surely precede open data access, and that means a loss in competitive cover for startups working on new projects. I can easily see disclosure sites being monitored constantly for each new AI development, rendering startups unable to build against larger players in private.