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Senator Blackburn Pulls Support for AI Moratorium in Trump’s ‘Big Beautiful Bill’ Amid Backlash
Wired
·
1m ago
Medial
Senator Marsha Blackburn withdrew her support for an AI moratorium provision in President Trump's "Big Beautiful Bill" following criticism that it favored Big Tech by limiting state AI regulation. Initially advocating a compromise to reduce the proposed moratorium from ten to five years with various exemptions, Blackburn faced backlash for potentially enabling tech exploitation. Consequently, she and Senator Maria Cantwell introduced an amendment to remove the moratorium entirely, citing its potential harm to state protections.
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US Senate strikes AI regulation ban from Trump megabill - The Economic Times
Economic Times
·
1m ago
Medial
The U.S. Senate voted 99-1 to remove a 10-year federal ban on state AI regulation from Trump’s tax-and-spending bill. Senator Marsha Blackburn led the amendment, emphasizing the need for state-level protections until federal legislation is established. Major tech companies prefer federal oversight to avoid varied state regulations that may hinder innovation. Despite compromise discussions, Blackburn withdrew support for a proposed language and pushed for the removal to protect citizens effectively.
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5 Big EV Takeaways From Trump’s ‘One Big Beautiful Bill’
Wired
·
1m ago
Medial
The "One Big Beautiful Bill" signed by President Trump poses challenges for the electric vehicle (EV) market by cutting federal support, including tax credits. Despite the uncertainty, interest in EVs remains high, with some experts suggesting potential aggressive pricing from automakers. The bill eliminates penalties for failing fuel economy standards and alters manufacturing incentives but retains some benefits. However, state-level incentives and global demand, especially from China, maintain a positive long-term outlook for EVs in the U.S.
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Senators push to declassify TikTok briefings
The Verge
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1y ago
Medial
Democratic Senator Richard Blumenthal and Republican Senator Marsha Blackburn are urging for classified briefings on TikTok to be disclosed, in order to increase public awareness and the need for action. The call for briefings comes as concerns over national security and the ownership of the app by Chinese company ByteDance continue to grow. Efforts to force ByteDance to sell TikTok have gained momentum, with the House passing a bill to that effect, but the Senate is yet to introduce a similar bill. Specific evidence of data sharing with the Chinese government remains limited, and experts question whether the concerns are truly about privacy or content control.
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Why are Elon Musk and Donald Trump fighting? | TechCrunch
TechCrunch
·
2m ago
Medial
Elon Musk and Donald Trump are publicly feuding after once having a close relationship. The fallout centers on Trump's "One Big Beautiful Bill Act," which Musk criticizes for its spending and potential impact on the national debt. Musk argues the bill unfairly benefits the wealthy and cuts vital programs. Their dispute has escalated on social media, with Trump threatening to cut Musk's governmental subsidies and Musk claiming his support was crucial for Trump's election victory.
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Tesla Shares Rebound Slightly After $150 Billion Rout as Musk-Trump Rift Seems to Ease
OutlookIndia
·
2m ago
Medial
Tesla shares rebounded slightly after losing $150 billion in market value due to a public feud between CEO Elon Musk and former US President Donald Trump. The conflict arose when Musk criticized Trump’s “One Big Beautiful Bill,” claiming it would increase the US deficit. Despite tensions, Tesla shares rose by about 5% amid rumors of potential communication between Musk and Trump. Wall Street indices remained strong, with the Dow Jones and Nasdaq both seeing gains.
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Without me, Trump would've lost the election: Musk-Trump alliance breaks
Economic Times
·
2m ago
Medial
Elon Musk and Donald Trump, who previously shared a positive rapport, had a public disagreement. Musk claimed that without his support, Trump might have lost the presidential election and criticized Trump for being ungrateful. The conflict arose when Musk criticized Trump's significant legislative proposal, the 'Big Beautiful Bill Act,' particularly its handling of electric vehicle incentives. Trump expressed disappointment with Musk's criticism, noting Musk’s earlier praise. Musk countered, claiming the bill was passed hastily without sufficient review.
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How healthcare cuts in the ‘big, beautiful bill’ will affect Americans
Livemint
·
1m ago
Medial
The passage of President Trump’s tax-and-spending-cuts bill, termed the "big, beautiful bill," significantly reduces federal healthcare spending, marking the largest cut to Medicaid in history. As a result, millions will lose Medicaid coverage, many hospitals might close or reduce services, and insurers will face losses. States will be forced to make challenging budget choices due to the reduced federal funding, impacting hospitals, doctors, and patient advocacy groups across the country.
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Senators propose “Digital replication right” for likeness, extending 70 years after death
Arstechnica
·
1y ago
Medial
US Senators Chris Coons, Marsha Blackburn, Amy Klobuchar, and Thom Tillis have introduced the Nurture Originals, Foster Art, and Keep Entertainment Safe (NO FAKES) Act of 2024 in the US Senate. The bipartisan legislation aims to protect individuals from unauthorized AI-generated replicas of their voice or likeness. The NO FAKES Act would hold individuals and companies liable for producing, hosting, or sharing unauthorized digital replicas created by generative AI. The bill has gained support from entertainment industry groups, including SAG-AFTRA and the Recording Industry Association of America, as well as tech companies like IBM and OpenAI.
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Anthropic says California AI bill's benefits likely outweigh costs
Economic Times
·
1y ago
Medial
Anthropic, a San Francisco-based rival to OpenAI, believes that the benefits of California's proposed bill on regulating artificial intelligence (AI) outweigh the associated costs. The bill, advanced by State Senator Scott Wiener, would require safety testing for advanced AI models developed at a cost of over $100 million or with significant computing power requirements. It would also mandate the inclusion of a kill switch for AI models and grant the state attorney general the power to sue non-compliant developers. While tech companies like Google and Meta have expressed concerns, Anthropic believes that the revised bill is an improvement and is supportive of its aims.
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California lawmaker behind SB 1047 reignites push for mandated AI safety reports | TechCrunch
TechCrunch
·
1m ago
Medial
California State Senator Scott Wiener introduced amendments to SB 53, which mandates AI companies to disclose safety and security protocols and report safety incidents. If enacted, California would pioneer transparency laws for AI developers like OpenAI and Google. Unlike its predecessor SB 1047, which faced opposition, SB 53 purports balance by not imposing liability on AI model developers. The bill, influenced by California's AI policy group recommendations, now awaits further legislative processes.
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