Elon Musk was advocating for governmental regulation around AI development. I’m not sure what his current stance is. In general, I disagree. Even if he’s right about regulations, if we’re going to have them, they should be worldwide. Again, I want to emphasize that I disagree with regulations altogether.
So, imagine if regulatory laws are created by the US government. And remember, AI is not a toy; it’s a powerful tool. For example, it can influence people’s minds, spread misinformation and hate speech. If the development of AI is banned in the US, other countries can continue to develop AI and deploy AI systems to influence elections in the US, for example. Because AI is regulated in the US, the country wouldn’t have the tools to combat that sort of deployment.