Mint | How to govern the AI industry must be accorded high priority

The manner in which the world’s big artificial intelligence (AI) companies are scaring the world’s governments and asking for regulation reminds me of how incumbent telcos used to push ‘Fear, Uncertainty and Doubt’ (FUD) 20 years ago. We should suspect that the motives are similar: to use regulation to slam the gates shut for new entrants and use incumbency to acquire greater power over public policy. If OpenAI and Google are really worried that their products are dangerous and pose severe, unpredictable risks to public safety, they could stop developing them. It is reasonable, therefore, to suspect that their calls for regulation of so-called foundation models are partly motivated by the desire to lock-in their dominant market positions. Read the full article here.