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Shaked Koplewitz's avatar

Gmail marked this email as phishing for me (which is relevant both directly and in that it updates me further towards skepticism of Google's ability to be competitive with AI)

Stephanie Losi's avatar

Former regulator here. I’ve seen many bad regulations and some good ones. Good regulations target leverage points and get enough buy-in that they are implemented in a strategic way rather than via tactical compliance paperwork. I’m working on an essay that walks through a specific example. In general, as I see it, a good regulation:

• Is targeted. 


• Engages the governed, listening to their concerns and gaining their trust as a governed party to ensure buy-in at a strategic level instead of tactical compliance in a check-the-box exercise. 


• Is not make-work and is reasonably time-efficient, allowing sufficient flexibility in implementation for different types of businesses and organizations. 


• Ideally makes required something industry participants mostly wanted to do anyway but couldn’t since doing so would have put them at a perceived or actual market disadvantage. In essence, regulation in this situation is a key for overcoming a prisoner’s dilemma.


• Helps ensure safety for stakeholders that have insufficient leverage to negotiate with more powerful stakeholders on their own (consumer protection regulation is an example). 


• Is forward-looking, with consideration of how processes and systems are evolving and how the regulation might apply to their anticipated future states.  


• Costs businesses and societies less than the risk it protects against. 


• Has manageable second-order effects that do not undermine the intent of the regulation (e.g., by driving activity outside of the regulatory jurisdiction en masse without actually reducing risk in the system as a whole).

I'm hopeful that AI regulation can get it right, because good regulation, while a hard problem, is not impossible. (And those draft EU regulations, hoo-boy....)

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