Gerstner states US nuclear deployment costs are limited by regulation, not technology, creating gap with China.
“our cost of deploying new nuclear fission infrastructure is limited by our own regulatory framework, not by the technology.”
Gerstner warns data centers acquiring independent energy producers could trigger regulatory intervention on grid pressure.
“if you start to see data centers pick off the independents, that could put pressure on the grid in a way that might bring the regulators in to voice their opinion.”
Gerstner argues US can address nuclear cost problems through regulatory consolidation and clustered reactor construction.
“It seems to me the first two, right, we can tackle, right? You can consolidate the regulatory environment in The United States so that you reduce the time to bring one of these things online and I also think that if you clustered some of these, if we wanted to get back to building more of these reactors”
Gerstner argues regulation prevents retail investors from accessing OpenAI and Uber early stage investments.
“I think this is a shame because now because of a lot of this regulation, small retail investors don't get a shot on goal on investing in open AI early.”
Gerstner argues regulatory burdens keep companies private longer, harming retail investors.
“I think we're better off as a country when these companies are coming public sooner. But that's that's in fact what's happened. So we invest early.”
Gerstner compares Biden's AI diffusion rule to hypothetically blocking Google exports in 2000.
“Can you imagine if in the year 2,000, Washington DC had said, oh my god, Google is so powerful that we're not gonna allow any other country in the world to have access to this Google machine that might give them answers to questions unless Google comes to Washington and gets federal approval”
Gerstner argues it is too early to regulate AI, comparing premature regulation to regulating auto industry out of existence.
“I think we definitely are in the camp that it is way too early to obstruct American AI with you know useless regulations like we don't even know what we should be regulating.”
Gerstner characterizes OpenAI as shifting from regulatory advocacy to launching open source models.
“And now I think it's like more clear, the distinction that's being drawn. OpenAI is talking about launching an open source model here shortly,”
Gerstner says AI will need regulations like seatbelts took forty years, but it's too early now.
“It took us forty years to realize we needed seat belts and airbags and that we needed speed limits and things like that and we'll need all those things for AI but I think it's way too early to be doing that”
Gerstner thanks participants for a good faith exchange on regulation and AI topics
“Excellent, candid back & forth on complex subjects that benefit from a good faith Saturday afternoon exchange! Thx @_sholtodouglas & @GavinSBaker for kicking off & super helpful to have @DarioAmodei weigh in. 🙏 https://t.co/dnz78OjaJm”