AXIOS September 15, 2023
AI regulation is within sight but it could have less of a limiting effect on innovation than some have feared.
Why it matters: Regulation can make it hard for all but the biggest companies to grow, confined by industry rules that are shaped at times by incumbents.
- Big banks, for example, have only gotten bigger since the Dodd-Frank Act.
- Internet privacy rules introduced through GDPR had an impact on dealmaking.
Yet, but: Big Tech’s plea for AI regulation this week was met with agreement in D.C. and awareness that there should be a level...