alt Hacker NewsI literally lived this with GDPR. In the beginning every one ran around pretending to understand what it meant. There were a ton of consultants and lawyers that basically made up stuff that barely made sense. They grifted money out of startups by taking the most aggressive interpretation and selling policy templates.
In the end the regulation was diluted to something that made sense(ish) but that process took about 4 years. It also slowed down all enterprise deals because no one knew if a deal was going to be against GDPR and the lawyers defaulted to “no” in those orgs.
Asking regulators to understand and shape market evolution in AI is basically asking them to trade stocks by reading company reports written in mandarin.
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> In the end the regulation was diluted to something that made sense(ish) but that process took about 4 years.
Is the same regulation that was introduced in 2016. The only people who pretend not to understand it are those who think that selling user data to 2000+ "partners" is privacy
The main thing is the EU basically didn’t enforce it. I was really excited for data portability but it hasn’t really come to pass