The push by Big Tech companies such as Microsoft and Google to regulate artificial intelligence could stifle competition and hinder innovation.
In recent days, prominent Big Tech figures, such as former Google CEO Eric Schmidt and OpenAI CEO Sam Altman, have warned the public about the dangerous possibilities of the technology and called for federal and international rules on the industry.The most prominent companies are the ones forming the rules that will rein in their business and those who could be their future competitors.
Altman argued in a blog post that international authorities must consider forming the AI equivalent of the International Atomic Energy Agency, an intergovernmental forum for encouraging cooperation regarding nuclear sciences. He also called for the establishment of a new federal agency to provide licenses to AI developers.
The newly proposed rules would"crush not only new entrants but absolutely decimate open source software providers of AI systems; there's just absolutely no way they could comply with the sort of regime that Microsoft and OpenAI are talking about," Thierer argued.
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