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I’m worried that regulations like these will create a lock in effect that benefits existing leading AI companies and makes it impossible for new entrants
by changoplatanero 2y ago
I’m worried that regulations like these will create a lock in effect that benefits existing leading AI companies and makes it impossible for new entrants
- deleted 2y ago[deleted]
- UncleEntity 2y agoSome might argue that's the intended purpose.
- brutal_chaos_ 2y agoThat is called regulatory capture, which could definitely be happening here.
- qzx_pierri 2y agoPolitics are depressing :/ Has the tech industry always been so cutthroat, or is this a new trend? Maybe I just didn't hear about tech companies lobbying for power in the past?
- brutal_chaos_ 2y agoI can't say for sure wrt tech industry specifically, but regulatory capture is nothing new.
- dylan604 2y agoWhat do you consider the tech industry? Do you consider Wall St firms to be tech? Do you consider bigPharma to be tech? Do you consider FAANG to be tech? Here's a link[0] with 2023 lobby spends by industry, but there is no "tech" listing specific. There's an entry for "Internet" listed, which I'm guessing is what you mean by "tech". Another chart[1] breaks down that entry. If you want to know when each company started to spend money, you could research their public filings. [0] https://www.statista.com/statistics/257364/top-lobbying-industries-in-the-us/ https://www.statista.com/statistics/257364/top-lobbying-indu... [1] https://www.statista.com/statistics/1035987/us-leading-internet-lobbying-spenders/ https://www.statista.com/statistics/1035987/us-leading-inter...
- deleted 2y ago[deleted]
- bee_rider 2y agoNo, the tech market is totally nice, not a bunch of cut-throat thieves who’ll backstab and steal from each other at the drop of a hat. — Posted from my Xerox The roots of the tech sector are PC (the libertarian dream of basically zero-cost startups), telecoms (playground of monopolies and regulatory capture), and ad guys who’s main trick is outrunning society’s ability to understand their business model.
- epr 2y agoThe tech industry spends just as much lobbying as other large businesses in the us [1]. Fiduciary duty more or less forces larger corporations to engage in lobbying, considering the great value per dollar spent. [1]: https://www.opensecrets.org/ https://www.opensecrets.org/
- humansareok1 2y agoBro given that the cost of frontier models is already at or past $100M I think that boat has already sailed. Unless you have a completely cracked team that can raise like $1B upfront you have no chance at competing.
- phkahler 2y agoCosts are coming down significantly every year.
- humansareok1 2y agoAt the same time compute required is increasing like 10x each generation, its scaling faster than Moore's law.