Legislate, Regulate, Accumulate: How Busineses Can Profit From AI Laws

The launch of ChatGPT in November 2022 sparked intense debate about the potential damage that uncontrolled generative artificial intelligence systems might cause. As this conversational AI model demonstrated unprecedented capabilities, concerns mounted over how such technology could be misused to spread misinformation, automate online abuse, or support illegal activities. Yet even as the US looks to other countries and prominent industry voices to decide if and how it ought to regulate AI, some experts argue that new specialized regulation may not be that important for mitigating current harms.

Many believe existing content moderation, cybersecurity, privacy, and intellectual property laws can be applied to regulate AI. New AI-specific policies aren't needed, they say. They concede that the approach could prove difficult – emerging technologies companies face numerous regulatory challenges, including the "moving target" issue of keeping policies relevant amid rapid