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New York lawmakers have proposed daily fines of up to $3 million for violations of the state’s AI safety law, a sharp escalation from its current caps. The proposal would also broaden which developers are covered and add audits and reporting duties, putting real financial penalties behind the state’s AI oversight plans.
Why it mattersWhat happened Senate Bill S10731, filed on 28 October by state Senator Andrew Gounardes, would fine developers up to $1 million per day for a first violation and $3 million per day for later ones, PYMNTS reports. A repeat violation lasting 30 days could therefore attract a fine of up to $90 million. Those are proposed ceilings, not automatic penalties: the New York attorney general would have to sue to collect them.
Discuss: Would daily fines make AI safety rules meaningfully enforceable, or risk turning unclear requirements into penalties measured by the calendar?
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