Federal regulation becomes even more important when managing a development as significant as AI. Public concerns can be mitigated at this stage of the sector's blooming without being too invasive. The hyper-competition that ChatGPT's arrival has sparked needs to be monitored, and controlled, if necessary, to ensure that AI remains a responsible technology that benefits the world.
Antitrust agencies must allow the market to unfold instead of being self-righteously proactive and overbearing. Regulatory agencies often operate with considerable autonomy — allowing them to shape the dialogue and maintain a narrative of protecting consumer interests. They must be cautious not to go overboard and stifle a nascent and promising industry.
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