[smountjoy]

No doubt leadership at OpenAI, Google, and Microsoft are in favor of any regulations that would cement their lead.

For the rest of us, the relevant question is: are the costs worth the benefits?

> The risk [...] is that radically new products and approaches in the arena never get a chance to be developed and benefit consumers.

Totally. And the opposite risk is that these companies deploy technologies that cause massive harm to people, without adequate testing, because they're caught up in a race.

I think some regulations would be helpful on balance -- like reporting of large training runs, as in SB 1047 -- and some wouldn't -- like (hypothetically) requiring a license to train small models.