Big Tech Loses on AI Regulation Ban in Big Butt-Ugly Bill

"So what do we learn from this episode? First, we need public financing of elections. It’s become increasingly clear that financial dependencies make it almost impossible to make good policy. There were probably two dozen Republican Senators who would have opposed this provision openly if they didn’t have to rely solely on corporate funds for elections. In truth, this provision never should have been proposed in the first place, let alone have a bitter fight waged to block it. But the financing for elections creates awful incentives.

Finally, don’t be fooled by the lopsided vote, this AI regulation ban was much closer to being enacted into law than that. The attempt to eliminate the regulation of automated decision and AI systems will return. Big business is going to have an open checkbook going forward, amounts of money that are unfathomable, to enact their agenda. Ultimately, money buys time on TV, but it can’t buy votes. And that’s the reason that this AI regulation moratorium went down."

Matt Stoller @ Big

Weird to think of Bannon, Blackburn, and Hawley as heroes in any story but need to take wins where we can get them. Everybody, hopefully, has heard the repub BBB bill savagely cuts health care for poor seniors like my parents to justify renewing big tax cuts for the rich. I don't know if the cuts will in fact reach my parents, they're in hospice now and very close to the end of their lives. But they are people who could be hurt by these cuts. People who worked their whole damn lives and I think deserve health care that they cannot afford, and I cannot afford, until they pass away. Call me a socialist but this is how I see things. You know that part in the Declaration of Independence about how government's derive their powers from the consent of the governed? These are the kind of government powers I consented to. But there are rich people in congress still screaming for bigger cuts, without any suggestion maybe they ought to give up some of their tax cuts. There's also billions in this bill to expand ICE and support more forced deportations. Building their fascist police state. It slashes green energy investments to boost fossil fuel production. And like the WTO, like all neoliberals, they were trying to keep state governments from enacting regulations to protect citizens from any negative impacts of AI that might turn up. And I'm pretty sure these are more or less the same people that were warning us about the unintended consequences of AI only a few short years ago, primarily it would appear now to secure more state funding, but now think states shouldn't be allowed to regulate whatever they want to do with AI for ten years. Anyway, they lost that one, for now.  


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