Gurley compares AI regulatory threats to how scare tactics shut down supersonic aviation and nuclear innovation.
“Here's a technology much like supersonic aviation, where scare tactics literally shut down all of the innovation in massive industries that would have inured to our national strategic advantage, the environmental advantage.”
Gurley says Schumer's AI proposal recommending $32 billion annually shocked him given unprecedented existing venture capital inflows.
“Certainly in my lifetime, and I think prior to my lifetime, there's never been a venture capital category that's attracted more money.”
Gurley compares proposed $32B AI spending to NIH's $40B budget and NSF's $9B.
“The National Science Foundation is nine down from 10. So 49, you're going to start the AI foundation or federation or whatever it is, institute at 32,000,000,000 a year.”
Gurley expresses shock at Senate AI document recommending $32 billion annual spending for AI.
“The big shocker for me was it recommended spending $32,000,000,000 a year. And I didn't even know that was on the table.”
Gurley notes proposed $32B AI spending would sit just below NIH's $40B and far above NSF's $9B.
“You're going put it right below the Institute of Health and Forex, the National Science Foundation, it just seems a little overkill.”
“@MatthewBerman I think ideas become self reinforcing, and humans prefer to think of themselves as virtuous.”
“As Brandeis said: “Sunlight is said to be the best of disinfectants; electric light the most efficient policeman.” The correct regulatory response here is to demand a full third party investigation of what happened here and share it with everyone. “Our models are too magical” https://t.co/ibsBsNhOjV”
Gurley notes that Anthropic says using their output should be illegal, responding to a comment about parody being protected speech
“@Jason But Anthropic says using their output should be illegal.”
“I favor prosecuting companies that use AI to break existing laws vs allowing those same companies to write new laws. Otherwise you create a perverse incentive to keep doing dangerous things to gather attention and power. https://t.co/d7DbltbV3I”
“This industry group is working on an industry standard for how to report AI security incidents. This will drive consistency and transparency and is the safest path forward. Despite 120 members, the large LLM corporations have to-date not signed on. Drives further concern that”
“This industry group is working on an industry standard for how to report AI security incidents. This will drive consistency and transparency and is the safest path forward. Despite 120 members, the large LLM corporations have to-date not signed on. Drives further concern that”
“The word “watermark” comes from photos and is visible by all. This is only identifiable by Anthropic. Once again they are judge, jury, and prosecutor. Lots of reasons to not use their products. https://t.co/6MGQCymnu7”
“This is very good. Ben brings a career of thinking to his views on where we are today. My favorite part is the beginning. There is no reasonable path to AI global dominance for the U.S. vs the world. It’s a fantastical notion that falls apart when thinking through the details. https://t.co/4SsyZydFYX”
“@NinaDSchick I disagree this proves that point. The politicians and the news writers all know who they are. The rhetoric cascades without the names.”