AFederal stitchregulation in time. That is what saves the cloth. Such an intervention becomes all the more important when themanaging mattera isdevelopment as significant as the field of AI. Public concerns can be dealtassuaged with at this stage of the sector's blooming without being too invasive. The hyper-competition that ChatGPT's arrival has sparked needs to be monitored, and temperedcontrolled, if necessary, to ensure AI remains beneficiala tomalleable thetechnology worldthat andbenefits malleablethe enoughworld.
The rapid advancement of technologies like AI openopens thea field day for antitrust agencies. They must allow the market to unfold instead of being self-righteously proactive. Agencies often operate with considerable autonomy, lettingallowing them themto shape the regulatory landscape maintainingand maintain a narrative of protecting consumer interests. They must be cautious not to go overboard and stifle ana incipientnascent industry.
There is a 67% chance an international AI regulatory agency, like IAEA, for oversight of transformative AI systems, will be established before 2030, according to the Metaculus prediction community.
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