Comment by trhway

> it does $100B in damages, that's everyone's problem.

we have the 2008 crisis to wit. And the involved supposedly failed math models and lines of responsibilities and other involved financial relationships were much simpler and clearer and of the types well known to the law and regulators, yet...

Additionally any urge to regulate AI is attenuated by how much the situation reminds Industrial Revolution - rush into it laying waste to your land (look at the depictions of industrial England back then) and be among the world leaders or stay pastoral and be devoured/colonized/etc. by the industrial powers like happened with many countries in 19th and even into 20th century. One would think there should be a 3rd way. I'm sure there is one, as well as i'm sure that we lack sufficient global societal mentality level needed to achieve it (we couldn't even handle much simpler climate change issue). May be emerging AI itself at some point will get us there (hope we'll like or at least will be compatible with that future :)

Edit: just on NPR - Trump said that AI already has all the necessary guardrails - the smart high IQ President.