study tour silicon valley

MIT Sloan E+I Certificate

A structured program for mit sloan students, mit sloan entrepreneurship & innovation certificate.

The Entrepreneurship & Innovation (E&I) Certificate is for students within the MIT Sloan School of Management  who have a strong commitment to an entrepreneurial life — technology-based or not — as well as for those who want to learn more about entrepreneurship as a part of their future careers.

The E&I Certificate focuses on learning how to launch and develop innovative technology companies and emphasizes the integration of academic and practitioner lessons, team practice, and real-world application in entrepreneurship.

As a student on the E&I Certificate academic track, you will:

• meet and work with a cohort of like-minded peers
• gain exposure to key MIT faculty, staff, and other entrepreneurship resources
• tap into a global entrepreneurship network

Click a box below to see a pdf of the full requirements for the E&I Certificate.

E&I Certificate students should sign up for Orbit, the Trust Center’s one-stop shop for MIT entrepreneurs

orbit.mit.edu

(this page reflects updates as of December 2023)

Please note that some courses may not be offered this academic year and/or may experience scheduling or unit changes. Consult the Sloan Course Browser for the most current scheduling information about Sloan subjects ( those numbered 15.xxx ), and visit the MIT Subject Listing & Schedule for up-to-date information about courses taught in other departments. Note that a single course cannot count towards two requirements.

For more information about the MIT Sloan Entrepreneurship & Innovation certificate, please email [email protected]

E&I Certificate Requirements

Required mit ecosystem overview course, required introductory action learning course, required foundational course, required product / firm level courses, entrepreneurship elective courses, co-curricular requirement, silicon valley study tour.

A certificate in Entrepreneurship & Innovation will be awarded to those students who fulfill both their MIT Sloan degree requirements and the E&I Certificate requirements.

The E&I Certificate is flexible in approving a limited number of appropriate substitutes or waivers of specific requirements. To request a substitution or waiver, please send an email in advance to Professor Scott Stern at   [email protected]  with supportive details.

• MIT Course Catalog
• Fall and Spring Course Listings
• E&I Certificate on Sloan Groups

You  must complete ONE of the following:

• 15.S22 (aka 15.360 ) – Introduction to Technological Entrepreneurship (fall; 3 units; first year MBA students only; required in order to take part in ES.580 SVST )
• 15.352J, 6.9300, 6.9302J – StartMIT: Workshop for Entrepreneurs and Innovators (IAP in January; 6 units) *
• 15.365 – Overcoming Obstacles to Entrepreneurial Success (fall; 9 units)

* Sloan students should register for the Course 15 number for courses offered jointly with another MIT department.

You  must complete the following:

• 15.390 – New Enterprises (spring; 12 units; highly encouraged, but not mandatory to be taken in your 1st year )
• 15.911 – Entrepreneurial Strategy (fall H1 / spring H3; 9 units)
• 15.394 – Entrepreneurial Founding and Teams (fall & spring; 9 units)

You must complete at least 12 units from the following list of courses:

• 15.128J, 9.455J, 20.454J, MAS.883J – Revolutionary Ventures: How to Invent and Deploy Transformative Technologies (Fall, 9 units)*
• 15.366 – Climate & Energy Ventures (fall; 12 units)
• 15.367J, HST.978J – Healthcare Ventures (spring; 12 units) *
• 15.371J, 2.907J, 10.807J – Innovation Teams (fall & spring; 12 units) *
• 15.375J, EC.731J, MAS.665J – Global Ventures (fall; 12 units) *
• 15.376J, MAS.664J – AI for Impact: Solving Societal-Scale Problems (spring; 9 units) *
• 15.378 – Building an Entrepreneurial Venture: Advanced Tools and Techniques (fall & spring; 12 units)
• 15.388 – Venture Creation Tactics (fall & spring; 12 units)
• 15.783J, 2.739J – Product Design and Development (spring; 12 units) *
• 15.248 – Israel Lab: Startup Nation’s Entrepreneurship and Innovation Ecosystem (fall H2 into IAP; 6 units for fall, 3 units for IAP)
• 15.225 – Modern Business in China: China Lab (spring; 12 units; not offered in the 2023-24 academic year)
• 15.226 – Modern Business in Southeast Asia: ASEAN Lab (spring; 12 units; not offered in the 2023-24 academic year)
• 15.389 – Global Entrepreneurship Lab (fall into IAP; 9 units for fall, 3 units for IAP)
• 15.399 – Entrepreneurship Lab (fall & spring; 12 units)

You must complete an additional 9 units from the following list of courses:

• 15.128J, 9.455J, 20.454J, MAS.883J – Revolutionary Ventures: How to Invent and Deploy Transformative Technologies (fall, 9 units) *
• 15.225 – Modern Business in China: China Lab (spring; 12 units; not offered during the 2023-24 academic year)
• 15.356 – Lead User Innovation Methods (spring H4; 9 units; not offered during the 2023-24 academic year)
• 15.358 – Platform Strategy and Entrepreneurship (spring; 6 units; not offered during the 2023-24 academic year)
• 15.363J, HST.971J – Strategic Decision Making in the Life Sciences (spring; 9 units) *
• 15.364 – Innovation Ecosystems for Regional Entrepreneurship Acceleration Leaders ( iEco4REAL ) (spring; 9 units)
• 15.365  – Overcoming Obstacles to Entrepreneurial Success (fall; 9 units)
• 15.366  – Climate & Energy Ventures (fall; 12 units)
• 15.367J, HST.978J  – Healthcare Ventures (spring; 12 units) *
• 15.369 – Entrepreneurship in Organizations ( formerly Corporate Entrepreneurship ) (spring; 9 units)
• 15.371J, 2.907J, 10.807J  – Innovation Teams (fall & spring; 12 units) *
• 15.375J, EC.731J, MAS.665J  – Global Ventures (fall; 12 units) *
• 15.376J, MAS.664J  – AI for Impact: Solving Societal-Scale Problems (spring; 9 units) *
• 15.382 – Managing Innovation in Financial Institutions (fall; 9 units)
• 15.385 – Innovating for Impact (fall H1; 6 units)
• 15.386 – Leading in Ambiguity: Steering Through Strategic Inflection Points (fall H2 & spring H4; 6 units)
• 15.387 – Entrepreneurial Sales  (fall & spring; 12 units)
• 15.389 – Global Entrepreneurship Lab (fall into IAP; 9 units for fall and 3 units for IAP)
• 15.392 – Scaling Entrepreneurial Ventures (fall H2 & spring H3; 6 units)
• 15.394 – Entrepreneurial Founding and Teams (spring; 9 units)
• 15.399  – Entrepreneurship Lab (fall & spring; 12 units)
• 15.431 – Entrepreneurial Finance and Venture Capital (fall; 9 units)
• 15.497 – FinTech Ventures (fall; 9 units)
• 15.615 – Essential Law for Business (fall & spring; 9 units)
• 15.618 – Startups and the Law (fall & spring; 6 units)
• 15.785 – Digital Product Management (spring H3; 6 units) OR
• 15.786 – Digital Product Management with Lab (IAP into spring H3; 6 units in IAP, 6 units in spring)
• 15.814 – Marketing Innovation (fall & spring; 9 units)
• 15.821 – Listening to the Customer (spring H3; 6 units; not offered during 2023-24 academic year)
• 15.S10 – SSIM: Operations for Entrepreneurs: The Critical Details of Launching and Scaling a New Venture (spring H3; 6 units; not offered during 2023-24 academic year)
• 2.916J, 10.407J – Money for Startups (spring H4; 6 units) **

* Sloan students should register for the Course 15 number for courses offered jointly with another MIT department. ** Sloan students may count up to three non-Sloan subjects toward their degree.

Students must undertake TWO activities engaging directly with the startup ecosystem.

This includes (but is not limited to):

• direct engagement as a “founder” (e.g., MIT $100K, MIT delta v, MIT Fuse, or MIT Sandbox)
• ecosystem leadership (e.g., MIT $100K Managing Director)
• or a guided independent study engaging with the startup ecosystem

Activities below satisfy this requirement:

• ES.580 – Workshop: Silicon Valley Study Tour (spring SIP week; first year MBAs only; highly encouraged, but not mandatory )
• 15.352J, 6.9302J – StartMIT: Workshop for Entrepreneurs and Innovators (IAP; 6 units)
• 15.368 – Disciplined Entrepreneurship Lab (IAP; 6 units)
• Legatum Fellowship or seed grant
• Managing Director of MIT $100K Entrepreneurship Competition (considered as equivalent to full participation in the $100k)
• Managing Director of MIT Climate & Energy Prize (considered as equivalent to full participation in the ClimateTech & Energy Prize)
• MIT $100K Entrepreneurship Competition (and reach the Launch stage or beyond)
• MIT Climate & Energy Prize
• MIT delta v
• MIT Sandbox Innovation Fund : $5k or more
• Tata Center Graduate Fellowship

Held during the Spring semester during Sloan SIP week, the Silicon Valley Study Tour (SVST) finds E&I students visiting founders and CEOs of startups, leaders in the Northern California venture capital community, and successful enterprises in the Climate Tech/Sustainability, FinTech, Health Tech, Mobility, Hard Tech, and other industries.

SVST is an opportunity for participants to expand their networks and knowledge through organized visits to the companies, founders, and investors that are of the most interest to them. SVST is not mandatory for E&I Certificate students, but is highly encouraged.

For 2023, the requirements to participate in SVST were as follows:

• Complete 15.360 “Introduction to Technological Entrepreneurship”
• Pay a $500 non-refundable deposit before the deadline; this is used to help pay for the hotel room and some meals
• Plan to pay for ALL air travel, ground transportation, hotel incidentals, additional food, and social activities
• With no exceptions, students  must stay in the MIT-designated hotel  during the trip and  CAN NOT  bring a significant other.

The four-day trip takes place during the  week of the Spring  Sloan Intensive Period  (SIP) in March of the student’s first year and students will earn 1 academic credit in 15.005 Elective SIP course after completing the trip. For more information, please visit here .

Those who wish to participate in other study tours, international treks, and classes during SIP week should be aware of this conflict before signing up for the SVST.

A select sub-group of E&I students take the lead in helping to organize the trip and scheduling company visits.

More information is provided during the introductory Fall seminar class.

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5 of the Best Silicon Valley Tours

Renowned across the world as the epicentre of tech innovation, Silicon Valley can be discovered by joining a wide choice of guided tours.

(Photo: A Taste of SF Tours, Inc / Courtesy GetYourGuide)

Situated in the southern San Francisco Bay Area of California, and home to some of the world’s most foremost technology companies including Apple, Facebook and Google, Silicon Valley is a popular stopping-off point for people travelling through the wider California region. If you’d like to spend some time exploring the famous tech hotbed, we’ve picked out 5 of the best Silicon Valley tours currently available.

Full-Day Private Tour to Silicon Valley

Learn the unrivalled history of Silicon Valley on this full-day private tour. During the day, you and your select group of family or friends will get to enjoy the cutting-edge modern architecture of Oracle, Facebook, Google, and Apple campuses, see Steve Jobs’ former home, and walk in the footsteps of Stanford’s illustrious alumni on a guided walking tour – all in the company of an expert guide. There’ll also be the chance to visit the Computer History Museum in Mountain View, and sit down to a hearty lunch in one of many restaurants on University Avenue in Palo Alto. The tour price includes hotel pick-up and drop-off, bottled water, museum entrance, and lunch. From $999 per group (max 6 people).

Book at GetYourGuide

Silicon Valley: Self-Drive Audio Tour

(Photo: Action Tour Guide / Courtesy GetYourGuide)

Hop in your car and enjoy this self-guided audio tour of the birthplace of tech at your own pace and with no fixed schedule. Cruise through Silicon Valley while checking out the headquarters of tech giants and learn about the visionaries who’ve shaped the world, from Bill Gates and Steve Jobs to the controversies around Mark Zuckerberg and Jeff Bezos and the eccentricities of Elon Musk. All you need to do is get the tour guide app set up on your phone, release that handbrake and head on your way. After being purchased, your audio guide has no expiration date and is valid indefinitely. From $15 per person.

Private Redwood Forest & Silicon Valley Day Trip from San Francisco

Combine a memorable trip to Silicon Valley with a visit to California’s oldest redwood state park on this action-packed full-day tour. Featuring door-to-door service, starting and ending in San Francisco, you’ll spend half the day exploring the famous man-made wonders of Silicon Valley tech capital of the world before making the 50-mile drive southeast to marvel at the jaw-dropping natural beauty of Redwood state park, where 2,000-year old trees rise over 300 feet into the sky. Tours are suitable for everyone, including families with children. From $579 per group (max 2 people).

Book at Viator

Silicon Valley Private 2-Hour Driving Tour

(Photo: Jitze Couperus via Flickr / CC BY 2.0)

Want to see Silicon Valley but are tight for time? This whistle-stop two-hour private driving tour complete with audio guide may well fit the bill. After collection from your hotel in a comfortable vehicle, you’ll head off to see the area in quick-smart fashion, getting to know the stories, legends and landmarks of Silicon Valley as you visit sites including the Googleplex, Apple Park Visitor’s Center and the Hewlett Packard Garage.  Let your driver do the work while you kick back and listen to audio narrated by local legend Matt Chatta. The set-up allows you to listen on your own schedule, so you can pause if you want to take a break or explore further. From $51 per group (max 5 people).

Half-Day Silicon Valley Tour Private Day Trip from San Francisco

If there’s a Silicon Valley landmark that you’re particularly keen to visit, then this fully customisable five-hour private tour might well be for you. The trip puts you in touch with the pioneering work of global communications, computing and biotech companies and their impact on the region. Starting with pick-up in San Francisco, you’ll travel in the comfort of a private vehicle to the South Bay, learning from your personal guide how Silicon Valley has revolutionised the way our world works. The tour price includes your private driver and guide, pick-up and drop-off, bottled water and snacks. From $577 per group (max 6 people)

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Board of Directors Study TourS

Meet with top technology companies and startups. get inspired by the latest innovations. develop a new strategic vision for your company, what is a silicon valley board of directors inspiring tour.

A Silicon Valley Board of Directors Inspiring Tour is a unique opportunity for board members to experience and learn from the innovation and entrepreneurial spirit of Silicon Valley. This tour typically includes visits to leading technology companies, startups, and venture capital firms, where attendees can meet with industry experts and gain valuable insights into the latest trends and developments in technology.

The goal of the tour is to inspire and educate board members, providing them with a better understanding of the technology landscape and how they can drive growth and innovation within their own organizations.

Why Bring Your Board of Directors to Silicon Valley?

• Experience firsthand the pace and the extent of digital disruption
• Immerse yourself in the unique culture of Silicon Valley that has continuously produced innovations over the last 40 years​
• Get your board of directors connected to the Silicon Valley community of entrepreneurs and innovators​

What Your Board of Directors Will Get?

• Discover the areas of technology disruption that will impact your industry​
• Explore what emerging trends create opportunities for your company​
• Meet the top innovators and startups who challenge traditional thinking
• Open pathways for your board to have future strategic partnerships​

Why Silicon Valley Innovation Center

• Expertise in creating the unique and highly customized training program for your board of directors​
• Created over 250+ board study tours in the last 5 years
• Access to most disruptive and innovative companies in Silicon Valley
• The network of successful entrepreneurs and highly qualified experts

What People Say

This program is an excellent opportunity to get an idea of what is going on in Silicon Valley and experience it firsthand.  The program exceeded my expectations: fantastic content, set of companies, VCs, and startups. Hiram Alarid CEO / Director, Factum Consulting Group, Mexico

Past Participants

Photos From Our Recent Programs

Contact us today, plan your board study tour: experience innovation firsthand, +1 650-274-0214 [email protected].

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Regulation, Copyright and Ethical AI: New Challenges

The role of explainable ai in 2024, the role of small language models in ai.

Boston Study Tour

The Boston Study Tour inspires Italian students thanks to the professional stories of the hundreds of Italian and Italian American professionals teaching, researching and working in Universities and Companies in the Boston Area.

Our mission is to make a bridge between the Italian and American Italian tech community on the East Coast and the students of Italian Universities and High Schools.

boston study tour summer 2025

PEOPLE BEHIND THE PROJECT

Paolo Marenco

Flamina Catteruccia

Linda D’Alessandro

Estefania Ciliotta

Alberto Nobili

Angelica D'Amore

Andrea Ridi

Ester Pescio

Paolo Ciuccarelli

Salvatore D'Oro

Andrea Adamo

The Boston Study Tour was born thanks to several years of experience in organizing and guiding the already deep rooted Silicon Valley Study Tour .

The project is realized thanks to a partnership between “ La Storia nel Futuro ” , the association that organizes and leads since 2005 the Silicon Valley Study Tour, and “ 42N ”, a benefit corporation in Boston with the mission to help Italian entrepreneurs succeed in the highly competitive US market through a strong cultural and practical operational knowledge.

For more information about your participation to the Boston Study Tour, fill this form:

© 2024 – BostonStudyTour.com is a project of La Storia Nel Futuro – VAT N°  01730980032

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Gamer World News Entertainment, a start-up publisher, specializes in news about the booming eSports genre. The founder will provide a briefing on the dynamics and rapid growth of eSports and describe partnerships they are forging to provide eSports coverage to media companies.

Private wine tasting and tour at Hall

Private wine tasting and discussion at stewart cellars, approximate return to ritz-carlton.

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Private Silicon Valley Tour

Starting from, silicon valley day tour overview.

Our carefully curated Silicon Valley tour lets you see first-hand why this is the world’s most dynamic hub of global technology and entrepreneurialism. Learn how Silicon Valley was born and how some of the world’s most influential companies were founded.

This private day tour of Silicon Valley is ideal for guests who want to see the most iconic sights and gain an understanding of what powers Silicon Valley. See how Google (and other tech company) employees live, and maybe even rub elbows with the next big founder over coffee!

Plus, what could be more cutting-edge than seeing it all from a TESLA Model X? Designed and manufactured right here in Silicon Valley, the Tesla Model X was meant to chauffeur you around in style.

What will you see on a Silicon Valley tour?

• Apple HQ Visitor Center Flagship Store and Cafe
• Google HQ Campus promenade
• Android Statue photo stop
• Facebook/Meta HQ photo stop
• The Computer History Museum (*optional)
• Time for lunch where Silicon Valley students and entrepreneurs fuel-up
• Stanford University campus
• Garage where Hewlett and Packard founded HP
• TESLA factory delivery center lot, where the worlds smartest cars are born!

A Silicon Valley Day Trip From San Francisco

Silicon Valley has an expansive geographic footprint and there’s so much to see!

SV destinations are roughly a 1-hr drive from San Francisco, and traffic can vary tremendously throughout the day between stops.

If your departure is from San Francisco or areas outside Silicon Valley, this is an all-day experience. If you wish to include a visit to the Computer History Museum (highly recommended!) or a more leisurely seated lunch, be sure to add this option at checkout.

For your planning:  The Computer History Museum is generally open Wednesday through Sunday, though their hours do vary.

Most Silicon Valley (SV) destinations are private property. Our visit is at the discretion and generosity of the corporations and may be restricted without advance notice. Due to the proprietary nature of their business, they do not allow guests access inside secure buildings within their facility.

About this Silicon Valley day tour

All Spark Experiences have always been, and will continue to be, 100% private— and ALL ABOUT YOU.

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Not included

• Meals &/or Tasting Fees
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• Gratuity for Excellent Service

Ride with style!

We are the only San Francisco based tour company with a 6 passenger Tesla Model X . Offering an exotic, high-tech luxury experience that is comfortable and FUN!

Designed and manufactured right next door in the Silicon Valley, the Tesla Model X adds a fresh, locally-authentic element to San Francisco Bay Area experiences.

Don't miss our other experiences

Half-Day Highlights of San Francisco Private Tour

Approachable Elegance Napa Wine Tour

Private Muir Woods Tour with Sausalito & The Golden Gate Bridge

Looking for something special.

Just let us know. We can build it.

Share your dreams with us, then let our local experts design a custom experience just for you!

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Study Tour Silicon Valley

A look behind the scenes of the world's most successful it companies.

As part of the ninth edition of our annual study tour to Silicon Valley, our Management, Communication & IT master's students had the privilege of gaining unique insights into the dynamic world of IT giants. From April 1 to 10, 2023, our fourth-semester students experienced an intensive 10-day trip to the San Francisco Bay Area in California, led by our Head of Department & Studies Mr. Peter Mirski. During this time, they experienced a packed program of 71 hours of workshops, keynotes and company visits.

Shortly before graduation, we asked our master's student, Mario Filipović, to step up to the microphone. In our interview, he talks about the inspiring moments during the trip to America, his reasons for choosing the Management, Communication & IT master's program and why the study tour is an indispensable part of the study experience.

What was your study tour highlight?

In my eyes, it was the visit to Facebook, Meta, the look behind the scenes, and to see how the people behind work. You know the social network Facebook and its founder Mark Zuckerberg. They were the first real social network right from the start and have been the largest open office in the world ever since. You might think of a data attack or something similar. But the atmosphere there was incredibly familiar. A real start-up vibe, no flipcharts, they just wrote on the walls. It was totally authentic.

Was the study tour a reason for you to apply for the Management, Communication & IT master's program?

It was not the primary reason. Studying for two years just to be somewhere for 1.5 weeks would have been wrong. I knew the MCI from my bachelor's degree. Looking back, the Study Tour was definitely the cherry on top.

Why should students take part in the study tour?

This trip allows you to visit places you would otherwise never get to. Seeing how and what actually happens there, the contact with people from the IT industry who work at the cutting edge, that's incredibly enriching.

We would like to thank Mario Filipović for his time. The interview shows once again how valuable our US study tour and the associated experiences are for the personal and professional development of our students.

MCiT master's student, Mario Filipović, reports on the Study Tour Silicon Valley. © Mario Filipović

MCiT master's students cohort '21 on study tour in Silicon Valley. © MCiT Students

Our MCiT master's students completed a packed program of 71 hours of workshops, keynotes and company visits. © MCiT Students

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• Master | Management, Communications & IT

Silicon Valley AI Immersion

• Become the next changemaker: Interact with visionaries from Open AI and Founders Space
• Ignite innovation: Learn from the best minds across the globe at Berkeley and more
• Build a global network: Engage with future leaders of AI, and gain insights from Forbes #1 incubator
• Discover iconic Bay Area landmarks: Visit the SF Musem and Golden Gate

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Steve Hoffman serves as the chairman and CEO of Founders Space, a renowned accelerator for overseas startups entering Silicon Valley, recognized by Forbes and Entrepreneur Mag...

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Pieter Abbeel serves as the head of the Robotics and Artificial Intelligence Lab at UC Berkeley and plays a role as a mentor and advisor to Open AI. Known for his expertise in...

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Professor Barry Katz has taught in Silicon Valley for over 30 years. Holding key positions at Stanford University and the California College of the Arts, he brings extensive e...

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California AI bill SB 1047 aims to prevent AI disasters, but Silicon Valley warns it will cause one

Outside of sci-fi films, there’s no precedent for AI systems killing people or being used in massive cyberattacks. However, some lawmakers want to implement safeguards before bad actors make that dystopian future a reality. A California bill, known as SB 1047, tries to stop real-world disasters caused by AI systems before they happen, and it’s headed for a final vote in the state’s senate later in August.

While this seems like a goal we can all agree on, SB 1047 has drawn the ire of Silicon Valley players large and small, including venture capitalists, big tech trade groups, researchers and startup founders. A lot of AI bills are flying around the country right now, but California’s Safe and Secure Innovation for Frontier Artificial Intelligence Models Act has become one of the most controversial. Here’s why.

What does SB 1047 do?

SB 1047 tries to prevent large AI models from being used to cause “critical harms” against humanity.

The bill gives examples of “critical harms” as a bad actor using an AI model to create a weapon that results in mass casualties, or instructing one to orchestrate a cyberattack causing more than $500 million in damages (for comparison, the CrowdStrike outage is estimated to have caused upwards of $5 billion). The bill makes developers — that is, the companies that develop the models — liable for implementing sufficient safety protocols to prevent outcomes like these.

What models and companies are subject to these rules?

SB 1047’s rules would only apply to the world’s largest AI models: ones that cost at least $100 million and use 10^26 FLOPS during training — a huge amount of compute, but OpenAI CEO Sam Altman said GPT-4 cost about this much to train. These thresholds could be raised as needed.

Very few companies today have developed public AI products large enough to meet those requirements, but tech giants such as OpenAI, Google, and Microsoft are likely to very soon. AI models — essentially, massive statistical engines that identify and predict patterns in data — have generally become more accurate as they’ve grown larger, a trend many expect to continue. Mark Zuckerberg recently said the next generation of Meta’s Llama will require 10x more compute , which would put it under the authority of SB 1047.

When it comes to open source models and their derivatives, the bill determined the original developer is responsible unless another developer spends three times as much creating a derivative of the original model.

The bill also requires a safety protocol to prevent misuses of covered AI products, including an “emergency stop” button that shuts down the entire AI model. Developers must also create testing procedures that address risks posed by AI models, and must hire third-party auditors annually to assess their AI safety practices.

The result must be “reasonable assurance” that following these protocols will prevent critical harms — not absolute certainty, which is of course impossible to provide.

Who would enforce it, and how?

A new California agency, the Frontier Model Division (FMD), would oversee the rules. Every new public AI model that meets SB 1047’s thresholds must be individually certified with a written copy of its safety protocol.

The FMD would be governed by a five-person board, including representatives from the AI industry, open source community and academia, appointed by California’s governor and legislature. The board will advise California’s attorney general on potential violations of SB 1047, and issue guidance to AI model developers on safety practices.

A developer’s chief technology officer must submit an annual certification to the FMD assessing its AI model’s potential risks, how effective its safety protocol is and a description of how the company is complying with SB 1047. Similar to breach notifications, if an “AI safety incident” occurs, the developer must report it to the FMD within 72 hours of learning about the incident.

If a developer fails to comply with any of these provisions, SB 1047 allows California’s attorney general to bring a civil action against the developer. For a model costing $100 million to train, penalties could reach up to $10 million on the first violation and $30 million on subsequent violations. That penalty rate scales as AI models become more expensive.

Lastly, the bill includes whistleblower protections for employees if they try to disclose information about an unsafe AI model to California’s attorney general.

What do proponents say?

California State Senator Scott Wiener, who authored the bill and represents San Francisco, tells TechCrunch that SB 1047 is an attempt to learn from past policy failures with social media and data privacy, and protect citizens before it’s too late.

“We have a history with technology of waiting for harms to happen, and then wringing our hands,” said Wiener. “Let’s not wait for something bad to happen. Let’s just get out ahead of it.”

Even if a company trains a $100 million model in Texas, or for that matter France, it will be covered by SB 1047 as long as it does business in California. Wiener says Congress has done “remarkably little legislating around technology over the last quarter century,” so he thinks it’s up to California to set a precedent here.

When asked whether he’s met with OpenAI and Meta on SB 1047, Wiener says “we’ve met with all the large labs.”

Two AI researchers who are sometimes called the “godfathers of AI,” Geoffrey Hinton and Yoshua Bengio, have thrown their support behind this bill. These two belong to a faction of the AI community concerned about the dangerous, doomsday scenarios that AI technology could cause. These “AI doomers” have existed for a while in the research world, and SB 1047 could codify some of their preferred safeguards into law. Another group sponsoring SB 1047, the Center for AI Safety, wrote an open letter in May 2023 asking the world to prioritize “mitigating the risk of extinction from AI” as seriously as pandemics or nuclear war.

“This is in the long-term interest of industry in California and the US more generally because a major safety incident would likely be the biggest roadblock to further advancement,” said director of the Center for AI Safety, Dan Hendrycks, in an email to TechCrunch.

Recently, Hendrycks’ own motivations have been called into question . In July, he publicly launched a startup, Gray Swan, which builds “tools to help companies assess the risks of their AI systems,” according to a press release . Following criticisms that Hendrycks’ startup could stand to gain if the bill passes, potentially as one of the auditors SB 1047 requires developers to hire, he divested his equity stake in Gray Swan.

“I divested in order to send a clear signal,” said Hendrycks in an email to TechCrunch. “If the billionaire VC opposition to commonsense AI safety wants to show their motives are pure, let them follow suit.”

What do opponents say?

A growing chorus of Silicon Valley players oppose SB 1047.

Hendrycks’ “billionaire VC opposition” likely refers to a16z, the venture firm founded by Marc Andreessen and Ben Horowitz, which has strongly opposed SB 1047. In early August, the venture firm’s chief legal officer, Jaikumar Ramaswamy, submitted a letter to Senator Wiener, claiming the bill “will burden startups because of its arbitrary and shifting thresholds,” creating a chilling effect on the AI ecosystem. As AI technology advances, it will get more expensive, meaning that more startups will cross that $100 million threshold and will be covered by SB 1047; a16z says several of their startups already receive that much for training models.

Fei-Fei Li, often called the godmother of AI, broke her silence on SB 1047 in early August, writing in a Fortune column that the bill will “harm our budding AI ecosystem.” While Li is a well-regarded pioneer in AI research from Stanford, she also reportedly created an AI startup called World Labs in April, valued at a billion dollars and backed by a16z.

She joins influential AI academics such as fellow Stanford researcher Andrew Ng, who called the bill “an assault on open source” during a speech at a Y Combinator event in July. Open source models may create additional risk to their creators, since like any open software, they are more easily modified and deployed to arbitrary and potentially malicious purposes.

Meta’s chief AI scientist, Yann LeCun, said SB 1047 would hurt research efforts, and is based on an “illusion of ‘existential risk’ pushed by a handful of delusional think-tanks,” in a post on X . Meta’s Llama LLM is one of the foremost examples of an open source LLM.

Startups are also not happy about the bill. Jeremy Nixon, CEO of AI startup Omniscience and founder of AGI House SF, a hub for AI startups in San Francisco, worries that SB 1047 will crush his ecosystem. He argues that bad actors should be punished for causing critical harms, not the AI labs that openly develop and distribute the technology.

“There is a deep confusion at the center of the bill, that LLMs can somehow differ in their levels of hazardous capability,” said Nixon. “It’s more than likely, in my mind, that all models have hazardous capabilities as defined by the bill.”

But Big Tech, which the bill directly focuses on, is panicked about SB 1047 as well. The Chamber of Progress — a trade group representing Google, Apple, Amazon and other Big Tech giants — issued an open letter opposing the bill saying SB 1047 restrains free speech and “pushes tech innovation out of California.” Last year, Google CEO Sundar Pichai and other tech executives endorsed the idea of federal AI regulation .

U.S. Congressman Ro Khanna, who represents Silicon Valley, released a  statement opposing SB 1047  on Tuesday. He expressed concerns the bill “would be ineffective, punishing of individual entrepreneurs and small businesses, and hurt California’s spirit of innovation.”

Silicon Valley doesn’t traditionally like when California sets broad tech regulation like this. In 2019, Big Tech pulled a similar card when another state privacy bill , California’s Consumer Privacy Act, also threatened to change the tech landscape. Silicon Valley lobbied against that bill , and months before it went into effect, Amazon founder Jeff Bezos and 50 other executives wrote an open letter calling for a federal privacy bill instead.

What happens next?

On August 15, SB 1047 will be sent to the California Senate’s Assembly floor with whatever amendments get approved. That’s where bills “live or die” in California’s Senate, according to Wiener. It’s expected to pass, given its overwhelming support from lawmakers thus far.

Anthropic submitted a number of suggested amendments to SB 1047 in late July, which Wiener says he and California’s Senate policy committees are actively considering. Anthropic is the first developer of a state-of-the-art AI model to publicly signal it’s willing to work with Wiener on SB 1047, even though it doesn’t support the bill as it stands. This was largely seen as a win for the bill.

Anthropic’s proposed changes include getting rid of the FMD, reducing the Attorney General’s power to sue AI developers before a harm occurs, and getting rid of the whistleblower protections provision in SB 1047. Wiener says he’s generally positive about the amendments, but needs approval from several Senate policy committees before adding them to the bill.

If SB 1047 passes the Senate, the bill will be sent to California Governor Gavin Newsom’s desk where he will ultimately decide whether to sign the bill into law before the end of August. Wiener says he has not spoken to Newsom about the bill, and does not know his position.

This bill would not go into effect immediately, as the FMD is set to be formed in 2026. Further, if the bill does pass, it’s very likely to face legal challenges before then, perhaps from some of the same groups that are speaking up about it now.

Correction: this story originally referenced a previous draft of SB 1047’s language around who is responsible for fine tuned models. Currently, SB 1047 says the developer of a derivative model is only responsible for a model if they spend three times as much as the original model developer did on training.

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Tving begins to make gains on netflix in korea’s streaming market: study.

Tving's share of premium video viewership in Korea grew in the first half of 2024, while Netflix's slipped, even though the global giant remained the market leader.

By Patrick Brzeski

Patrick Brzeski

Asia Bureau Chief

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Overall, Korea’s streaming market is still expanding. The country’s subscription video-on-demand landscape grew by 705,000 subscribers to reach 20.8 million in the first half of 2024, with revenues in the sector climbing 11 percent year-on-year to $922 million. Total streaming viewing time expanded by 5 percent to 103 billion minutes, according to MPA’s estimates. 

Tving made the biggest gains of any company in the first half with year-on-year viewership growth of 6 percent, taking 30 percent of the full pie. Its share of revenue, meanwhile, was 15 percent. The service also contributed just over one-third of the sector’s subscription additions, as its sub count climbed to 4.2 million in the period. 

Tving is a joint venture between Korean studio giant CJ ENM , leading local internet company Naver and TV network JTBC. The service was launched to ensure Korea’s legacy media giants didn’t miss out on the streaming revolution. 

“Tving’s growth is anchored to popular tvN and JTBC network dramas, variety and originals,” MPA said. “The introduction of a new advertising tier also helped drive growth, with monthly active users exceeding 11.5 million.”

Netflix’s share of total viewership slipped three percent in the first half, but it was still the market leader at 37 percent. The company’s slice of the total revenue piece was a dominant 43 percent, thanks to its local subscriber base of nearly 7 million and considerably higher ARPUs. 

Local content continues to be the sector’s dominant business driver, with Korean titles capturing 77 percent of premium VOD category engagement and 75 percent of customer acquisition, said Dhivya T, lead analyst at MPA’s research arm AMPD. 

“Tving led hits across scripted and unscripted titles, carrying 10 of the top 15 titles in the first half of 2024 (with seven shared with other platforms),” she added. Netflix, meanwhile, had seven of the top 15 titles during the period. 

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There is one thing we know for sure: students who go through our Silicon Valley Study Tour program often bring a new attitude back home and love to create new things. Some of our alumni have started new companies, incubators and web agencies.

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All above is from the inspiration aroused from the SVST attendance.

Carlo Alberto Pratesi, marketing Professor of Roma Tre University, after attending the SVST 2007 and 2008, launched in Rome in 2009  Innovaction Lab with Paolo Merialdo and Augusto Coppola, the great school of entrepreneurship for wannabe startuppers. All of the participants return to Italy with renewed excitement, new tools, new perspectives and a burning desire to one day succeed as entrepreneurs and technology executives.

On May 26th, 2012, all the Alumni met in Genova University, School of Engineering, where the project was born, in 2005.

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