They might need regulations, if they are for-profit companies with a responsibility to shareholders to maximize profit while sacrificing all other values.

▲

matwood 3 hours ago | parent | next [-]

> responsibility to shareholders to maximize profit while sacrificing all other values

This is not required to meet fiduciary duty, although it is a common misconception. The company officers and board have pretty broad leeway to run the company as they see fit as long as there is no fraud, illegal activity, or conflict of interests.

https://www.nytimes.com/roomfordebate/2015/04/16/what-are-co...

▲

PlasmaPower 3 hours ago | parent | prev | next [-]

They are not. This is why OpenAI and Anthropic are Public Benefit Corporations, which gives them the ability to prioritize the public over profit. The issue is that an agreement between them to mutually slow down is an antitrust concern.

▲

the_optimist 4 hours ago | parent | prev [-]

It is telling that most aggressive forms of “capitalism” plead for government involvement to permanently limit new competition. I own something and I don’t want anyone else to have a chance. The marginal cost of bribing a senator is tiny tiny tiny compared to the value.

	▲	matheusmoreira 4 hours ago \| parent [-]
		I suppose that's to be expected from sociopathic corporations trying to maximize their own self interest. The real problem is the governments acquiesce instead of putting them in their place.