alt Hacker NewsWe literally cannot touch them, as that would be the first domino to topple in our economy. There is too much money concentrated in this sector, and adverse regulation would create an investor shockwave that would send us into a full blown depression.
Which ironically is also the outcome of letting these companies continue unchecked. If they produce AGI/ASI, our economy will go through an upheaval that leaves vast tracts of the population unemployed. This is their stated goal.
We are damned if we do something, and damned if we don’t.
> We literally cannot touch them, as that would be the first domino to topple in our economy. There is too much money concentrated in this sector, and adverse regulation would create an investor shockwave that would send us into a full blown depression.
Important people will loose too much money on their tulip investments, so tulips must go up forever?
Seems like a "less pain now or more pain later" type situation.