In Regulating A.I., We May Be Doing Too Much. And Too Little.

The article by Tim Wu discusses the complexities of regulating artificial intelligence (AI), highlighting the potential risks of both under- and over-regulation. President Biden’s executive order on AI, which addresses a wide range of potential risks, from fraud to weapons of mass destruction, is seen as an effort to avoid past mistakes made in regulating social media. However, the author cautions against overregulating speculative risks, which could stifle innovation and lead to monopolization by large companies, suggesting that regulation should focus on addressing concrete harms like human impersonation and algorithmic manipulation, rather than hypothetical scenarios.