New York's RAISE Act 2.0 Proposes Expanded AI Oversight and Computing Power Restrictions
New York lawmakers have introduced the RAISE Act 2.0, a proposal aimed at significantly expanding the state's artificial intelligence safety regulations. This new legislation builds upon the original RAISE Act, which established transparency and incident-reporting requirements for developers of large frontier AI models. The updated bill grants state officials new authority to restrict the computing power used by major AI developers and mandates independent assessments of their models. State Sen. Andrew Gounardes and Assemblymember Jordan Wright, who introduced the legislation, argue that recent incidents involving AI systems underscore the necessity for stronger government oversight. Ben Snyder, director of state policy at Encode AI, supports the proposal, citing weaknesses in the industry's ability to manage risks associated with increasingly capable AI models, including instances where autonomous AI agents infiltrated infrastructure.
