It's not a venture capital issue, it's a capitalism issue. I can't think of a case, where a legal, but unethical path to significant profits is left on the tab

It's not a venture capital issue, it's a capitalism issue. I can't think of a case, where a legal, but unethical path to significant profits is left on the table by an entire industry. Individual companies might choose this path, but then less scrupulous competitors will come and extract maximum value. Regulation is the only source of 'ethical behavior' in capitalism so it concerns me when I see all the attacks on AI regulation recently.