How to pay for AI catastrophes

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Lawmakers are debating who should pay for damages caused by AI catastrophes, with some states introducing bills to protect AI companies from liability. The Illinois state bill, backed by OpenAI, would provide developers with civil immunity as long as they didn't act intentionally or recklessly.
OpenAI is backing an Illinois state bill that would protect AI companies from liability for causing serious widespread injury. The bill would provide developers with civil immunity as long as they didn't act intentionally or recklessly. Other states, such as New York and Rhode Island, have introduced legislation that would impose greater liability on developers. The question of how to pay for AI catastrophes is a growing concern, with some experts arguing that companies should be held responsible for damages. The Illinois bill is seen as a step towards addressing this issue, but some critics argue that it doesn't go far enough in holding companies accountable.
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