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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" ba

by cs702 3y 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." --- Source: https://www.youtube.com/watch?v=nM0h6QXTpHQ https://www.youtube.com/watch?v=nM0h6QXTpHQ

mplewis 3y ago
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.
- ralph84 3y ago
  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.
- concordDance 3y ago
  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".
permo-w 3y ago
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

by cs702 3y ago

mplewis 3y ago

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.

ralph84 3y ago
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.
concordDance 3y ago
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".

permo-w 3y ago

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