Comment by twodave
4 hours ago
What is so novel about LLMs (I assume this is the form of AI being discussed) that they require regulation? It’s a dataset, an algorithm and some UI. Almost all the problems brought on by the scale-up are just supply/demand type things. Every problem people point at AI are also problems on some scale with computer software in general, so I’m wary of any regulation (and don’t kid yourself thinking it would be for the people) bleeding over.
Some proposed regs would cover uses of AI outside LLMs, some of which tech folks might call “machine learning” these days to distinguish them from LLMs.
Using algorithms to provide personalized pricing would be an example, where like a landlord, retailer, or airline would use an ML service trained on your personal data and aggregated purchase history to decide how much to charge you for a short-term rental, Nintendo Switch, or a plane ticket. Basically, instant underwriting at scale for every single purchase. Just got a new job with a raise? Your next vacation will cost you 26% more for the same experience.
This fundamentally doesn’t work unless there is collusion involved, which we already have laws against.
Why doesn’t it work? It’s not obvious to me that a company with straightforward pricing would necessarily outcompete the algorithmic price discrimination one. They’d get somewhat more business from comparison shoppers who the algorithm feels can pay a lot, but lose business from people who the algorithm feels can pay less, and make less profit on everyone else.
We solved regulations everyone, a gun is just some metal, bombs are just some chemicals mixed together, we dont need regulations for this stuff!
It was a genuine question. Do you have anything besides ridicule to offer the discussion?