Source: Cryptonomist

Cryptonomist details New York’s RAISE Act, a law targeting the risks posed by frontier AI technologies. It mandates rigorous risk assessment, transparency, and safety protocols for AI developers. The act aims to prevent harms associated with AI’s advanced capabilities while encouraging responsible innovation.

The article explains the legal obligations imposed on AI companies and the mechanisms for oversight and enforcement. It also discusses the broader impact on AI governance frameworks nationally and internationally.

New York’s legislation represents a pioneering approach to balancing AI-driven innovation with robust risk management and public safety protections.