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Why does the EU believe governments, not just tech companies, should regulate AI?

Policy & EthicsLeadership

Drawn from Lutz Finger's Forbes column, LinkedIn writing, and Cornell teaching. Sources are cited inline so you can read the originals.

Society, not billionaires, should decide how AI shapes our lives.

As Gerard de Graaf puts it, who elected Elon Musk, Sundar Pichai, and Sam Altman to make decisions on our behalf? These technologies have real implications on people’s lives, and these are decisions that collectively as a society we should take. The industry has its own incentives. There’s a race to the market, and you need to be first. In the internet, if you come in number two or three, you’re a loser. So there’s tremendous incentive for industry to roll out the latest generation. If you don’t regulate, the decisions will be taken by industry. Done correctly, regulation brings legitimacy to how these technologies work.

SZ 139: AI in the EU Ft. Yaad, Gerard, Florence, Julie, & Lutz · Silicon Zombies


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