AI Safety-Bill Killed (Well, Blocked)

Following California Governor Gavin Newsom vetoing a landmark AI safety bill aimed at regulating the development and deployment of advanced AI systems, we look at the reasons why it was blocked and the implications of doing so. 

What Bill? 

US Senate ‘Bill 1047’ relates to regulating AI systems with the focus specifically around frontier AI models (highly advanced/cutting edge and large) with the potential for large-scale impact.