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

California legislators are set to vote on a bill as soon as this week that would broadly regulate how artificial intelligence is developed and deployed in California even as a number of tech giants have voiced broad opposition.

Here is background on the bill, known as SB 1047, and why it has faced backlash from Silicon Valley technologists and some lawmakers:

WHAT DOES THE BILL DO?