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AI's Future Hangs in the Balance With California Law
(gizmodo.com)
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this post was submitted on 06 Jul 2024
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It’s good for marketing, though. “Ah, our software is so powerful, it could destroy humanity! Please pass a bill saying so while we market friendly chatbots to the public while actually making money by selling our products to despots and warmongers that might actually end humanity.”
It's regulatory capture. Add deluded barriers to entry to make it difficult for competition and community projects to develop, and you have a monopoly.