2 ms·
literally the opposite of regulatory capture - it spells trouble for specifically openai and anthropic mostly
by itemize123 4mo ago
literally the opposite of regulatory capture - it spells trouble for specifically openai and anthropic mostly
- gwerbin 4mo agoThat's often how regulatory capture works. It seems bad for the incumbents, but it's worse for any future competitor. As long as the cost of complying with the regulation is less than your expected loss from competition entering the market, then it's net positive for the incumbent.