Source: SCMP — Business & Markets
US tech leaders warn strict rules could blunt innovation and prevent the harnessing of economic gains from rapidly advancing AI He argued that excessive regulation and fear could prevent countries from capturing the economic benefits of rapidly advancing AI. “The worst outcome is that you don’t take advantage of it, that you are left behind,” the billionaire chip executive said. Musk delivered a similar message at a G20 session on Tuesday, saying countries should create an environment “relatively free of regulation” in which new technologies were “default legal as opposed to default illegal”.
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