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Comment by cs702

2 years ago

The ironic thing is that many individuals now clamoring for more regulation have long claimed to be free-market libertarians who think regulation is "always" bad.

Evidently they think regulation is bad only when it puts their profits at risk. As I wrote elsewhere, the tech glitterati asking for regulation of AI remind me of the very important Fortune 500 CEO Mr. Burroughs in the movie "Class:"

Mr. Burroughs: "Government control, Jonathan, is anathema to the free-enterprise system. Any intelligent person knows you cannot interfere with the laws of supply and demand."

Jonathan: "I see your point, sir. That's the reason why I'm not for tariffs."

Mr. Burroughs: "Right. No, wrong! You gotta have tariffs, son. How you gonna compete with the damn foreigners? Gotta have tariffs."

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Source: https://www.youtube.com/watch?v=nM0h6QXTpHQ

Absolutely. Those folks arguing for AI regulation aren't arguing for safety – they're asking the government to build a moat around the market segment propping up their VC-funded scams.

  • Who is "those folks"? The ones I know of have been complaining about how the term "AI safety" has changed meaning from "don't kill everyone" to "don't embarrass the corporation".

  • The biggest players in AI haven’t been VC-funded for decades. Unless you mean their customers are VC-funded, but even then startups are a much smaller portion of their revenue than Fortune 500.

their motivations may be selfish, but that doesn't mean that regulation of AI is wrong. I'd prefer there be a few heavily-regulated and/or publicly-owned bodies in the public eye that can use and develop these technologies, rather than literally anyone with a powerful enough computer. yeah it's anti-competitive, but competition isn't always a good thing