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Economist Peter Morici argues in a TribLIVE opinion column that the best response to AI is to “do nothing”, warning that regulation and taxes on computing could favour established companies over smaller businesses.
Why it mattersMorici says market pressure and the risk of costly lawsuits will push AI companies to make their products safer. He also argues that AI is helping some small businesses cut overhead and start new ventures. Those are his arguments, not settled evidence that the technology’s benefits outweigh its costs.
Discuss: If AI regulation risks protecting incumbents, should governments hold back, or set rules before the harms become harder to contain?
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