Computer & Communication Industry Association

Rushed AB 1776 Could Cost California $1 Trillion in GDP and 1.6 Million Jobs in 10 Years

PublishedApril 6, 2026
Written By
  • Trevor Wagener

California Assembly Bill 1776, also known as the COMPETE Act, is rushing forward before any meaningful official analysis of its expected costs and benefits has been conducted. If enacted, the Compete Act would jeopardize about $67 billion in GDP and 180,000 full-time equivalent jobs in its first year in effect by reducing GDP by nearly 1.6%. This impact, relative to a baseline scenario without the enactment of AB 1776, would continue growing over time, rising to a relative loss of about $1,000 billion ($1 Trillion) and 1,600,000 full-time equivalent jobs by year ten.

Read Download Press Release

Research
November 12, 2026

Generative AI: An Assessment of Competitive Dynamics

Generative AI prices are plunging, market leaders keep getting overtaken, and startups are capturing most new application revenue, as shown in a new report from RBB Economics prepared for the Compu...

  • Artificial Intelligence
Read more
Research
October 29, 2026

AI Creates Fiscal Headroom for the Chancellor

The UK Office for Budget Responsibility has built AI into its October 2026 forecast, priced an upside case and sized a transformative one. Run through the OBR’s own numbers, in the fiscal mandate...

  • Artificial Intelligence
Read more
Research
October 16, 2026

The KFTC’s Uneven Hand

Korea’s competition authority fines U.S. companies several times more per dollar of Korean business than Korean companies and orders of magnitude more than Chinese companies. The evidence support...

  • Competition
Read more
Research
October 15, 2026

Broadband Revenues Fund Universal Service at a Low, Stable Contribution Factor

The Universal Service Fund (USF) contribution base is shrinking, leading to a spiraling contribution factor assessed on the contribution base. Broadband revenues are roughly eight times the size of...

  • Telecom
Read more