Sacks: Overlapping AI regulations will lead to a centralized Federal Software Commission
David Sacks · E152: Real estate chaos, WeWork bankruptcy, Biden regulates AI, Ukraine's “Cronkite Moment” & more · Nov 3, 2023 · at 1:00:51
David Sachs analyzes President Biden's AI Executive Order, arguing that multi-agency rules will drive tech companies to lobby for a single federal software regulator.
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“What's going to happen is that with all of these different bodies issuing new regulations, it's going to get more and more burdensome on technology companies until the point where they cry out for some sort of rationalization of this regime. They're going to say, listen, we can't keep up with FCC and department of commerce and this An IT standards board. Just give us one agency to deal with. And so the industry itself is eventually going to cry uncle and say like, please just give us one. And you already hear people like Sam Altman and so forth calling for the equivalent of atomic energy commission for AI. This is how we're going to end up with a federal software commission.”
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