That die has already been cast. It's stop everything versus "accelerationism" full speed ahead. Both sides will point to how their full world view is coherent and would have sensible results, and will blame the other side for the problems from their own agenda not being allowed to go far enough. The former will succeed at when pushing regulations that merely constitute speed bumps for the big players but hamstring individuals and small businesses, and the latter will succeed at pushing for little government restrictions on the regulated sandboxes of the big players. Regulatory capture complete.

I had a terrifying thought while mowing the lawn today that we don't even have an inkling of a feel for how imaginary property laws are going to destroy the usefulness of hosted LLMs for individuals. Ask Claude Jr the easiset way to attach some mechanical actuators to your lawnmower and to write some software, and it's going to respond "sorry, automated lawnmowing runs afoul of patents X, Y, and Z. Please upload your patent license certificates". With LLMs we're currently at the stage where Google used to reliably return good links to cracks/warez/etc, and as we all know that's been thoroughly locked down.