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I don't think regulation is necessarily a bad thing, but I don't know that it makes sense to be this proactive. I've worked in fintech and for every regulation
by everforward 3y ago
I don't think regulation is necessarily a bad thing, but I don't know that it makes sense to be this proactive.
I've worked in fintech and for every regulation that I asked about, there was some event in history someone could point to and say "this is what it's trying to stop".
Those regulations feel like the accumulation of a lot of painfully learned lessons over a long time. Some are more onerous than others, but they're all trying to prevent things that have happened.
AI regulation feels speculative at this point. We're trying to guess at what issues AI could cause, then guess at what a reasonable solution to our hypothetical is. I'd rather legislators were waiting to swiftly head off issues if/when they appear, though my inner cynic says that "Congress" and "swift" do not belong in the same sentence.
- 2devnull 3y agoIt’s worse than speculative, it’s hype driven. Everyone wants to do something ai related right now. For those who view their role in the world as The Regulator of Things, this means regulating the newest thing. This stems from the fact that politicians in the US are mostly professional media personalities.