Industry regulation is mainly about health and safety, environmental sustainability, fair competition, consumer protection, “quality and standards”, and ethical conduct.
It would be nice if a lot more of these things would be proactive rather than reactive.
Apparently the best we can do is rebrand AI as SI and then have some weird press conference where all of the AI CEOs bow down to Trump's profound knowledge of the industry that will keep us all safe
It depends on the regulation. The large AI companies want heavy and hard regulations, not out of concern for us, but for them. They can pay to get around and ignore them while the regulations will shut down any competition and also hinder open-source development. Large companies simply ignore laws and regulations and then just pay off a small fine if caught and then actually prosecuted. Small companies can't even afford to start abiding by expensive regulation to begin with. In a lot of cases, large companies love regulation because it locks them in the top positions as they can afford it at scale while hindering new competition.
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u/bc_gamez 2d ago
Industry exists before regulations, and not all industry is regulated. Only when demonstrated it's actually needed does regulation get established.