Since "there's no way a non-industry person can understand what's possible", Google founder Eric Schmidt wants self-regulation for Artificial Intelligence.
Sounds like banks pre-2008. And boy did that end well
RT @AlexThomp: Eric Schmidt,an active player in how Biden admin handles AI, says companies shud be regulating themselves rather than the govt.
“There’s no way a non-industry person can understand what’s possible….theirs no one in the government who can get…
🐦🔗: https://n.respublicae.eu/paultang/status/1658036278602915843
@paultang Be afraid of people in a position of Schmidt who say these things.. Be very afraid..
With the banking crisis, at least it was possible to contain it by throwing even more money at it(our money)
What are we going to throw at AI, massively out of control? Pull the powercord?
By the time we get to that point, AI will have already gotten so intwined in the internet that it would be like pulling the powercord on the internet itself.
Also turned out to be completely wrong - governments built capacity and are now perfectly able to regulate complex financial markets. Why not do the same for AI?
🐦🔗: https://n.respublicae.eu/paultang/status/1658036400942379011