You’re in a super fast moving technological field. Everyone is advancing. Everyone is raising money.

Why would you suddenly want to put in a lot of rules and regulations?

The supposed answer is – AI is dangerous and will wipe out the human race.

Well, you sure as heck didn’t care about that when you started working on AI. Suddenly, you are Mother Theresa and concerned about the human race?

People who don’t even care about their parents are pretending they care about total strangers. It’s all an attempt to make idiots of other people by pretending to be very noble. Remember all the Effective Altruists of FTX who were ‘only making money to give it away’?

Yeah, $8 billion stolen from 1 million people. That’s what the real purpose was. Not to ‘make money to give it away’.

Why are the leaders in AI suddenly trying to set up Rules and Regulations to make it very hard to do any advances in AI?

The real answer is – The frontrunners want to shut down all future competitors by introducing all these rules and regulations.

It is the purest form of Regulatory Capture. Anyone doing advances in AI will endanger the human race. No one except the current leading 5/6/7 companies should be allowed to do anything in AI.

The United States of America is Marvelous at Regulatory Capture

As the US is the only country that allows multiple forms of bribery i.e.

1. Lobbying
2. Campaign Fund Raising

It is the best placed for regulatory capture. If a large tech company has enough money, it can just ‘lobby’ and ‘fund’ the right politicians and set up rules and regulations to prevent any competition.

All current attempts in AI to ‘Save the Human Race’ are regulatory capture

Yes, each and every single one of them. Notice how the rules

1. Benefit US companies and hurt any company outside the US
2. Are created by and governed by ‘organizations’ that are controlled and led by the current market leaders in AI
3. Benefit the ones that have ‘already made it’ and hurt any new startups

Isn’t it a super amazing coincidence that the regulatory organizations are set up by For Profit companies (or For Profit companies masquerading as Non Profits), are governed by For Profit companies, and basically are trying to prevent new AI startups from doing EXACTLY what the existing AI companies have already done.