#california-regulation

#california-regulation

For decades, business leaders have complained that California's regulatory climate has overburdened companies across the state, blaming a morass of rules, permits and paperwork for pushing businesses and jobs out of state and holding back economic growth. To help measure the impact of the regulations, the Public Policy Institute of California, a nonprofit, nonpartisan think tank, sought to compare the number of business requirements in the state with those in other parts of the country.

"California's policies have slowed American commerce long enough," Rep. Randy Weber (R-Texas) said in a post on the social media platform X announcing the bill.

As the Wall Street Journal reports today, via unnamed sources close to the company, OpenAI executives are reportedly discussing a "last-ditch" option to preserve their plans, which would be relocating out of the state of California. A spokesperson for the company quoted by the Journal denies that this is under consideration. But the paper's source suggest that executives have floated the idea of a move out of state if things get worse with the AG's investigation.