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24 sats \ 2 replies \ @SimpleStacker 31 Oct 2023 \ parent \ on: Executive Order on the Safe, Secure, and Trustworthy Development and Use of AI tech
Meh, think of this way. It fills multiple needs:
- Biden administration gets to posture they're doing something about AI
- Incumbents now have a legal framework to manipulate and lobby to their own advantage
- Incumbents also more protected from upstarts who have a harder time affording compliance costs
- The added layers of regulatory complexity creates (value-destroying) jobs for politicians' lawyer buddies
Everyone wins, right? Except for actual quality of product and value to society.
The Noble lie also fits. I mean I use that as a lens to view these things as well.
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I don't disagree. What I am doing is taking them literally. What you are doing (and what I think as well) is thinking about the game theory behind it. You nailed it. What you described is why we can't have nice things.
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