Big Tech wants AI to be regulated. Why do they oppose a California AI bill?

Advanced by State Senator Scott Wiener, a Democrat, the proposal would mandate safety testing for many of the most advanced AI models that cost more than $100 million to develop or those that require a defined amount of computing power. Developers of AI software operating in the state would also need to outline methods for turning off the AI models if they go awry, effectively a kill switch.
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