The author also criticizes the tech industry's push for regulation, suggesting that it is a cynical attempt to lock in their current market positions. The author argues that the government should embrace uncertainty, trust in human inventiveness, and apply regulation as an editing function after innovation has occurred, rather than trying to predict and control the future.
Key takeaways:
- The author criticizes Bill Gates' claim that Microsoft missed the mobile market due to the antitrust lawsuit, arguing that the real issue was Gates' vision of the phone as a satellite to the PC, which led to Windows Mobile being a shrunken version of Windows.
- The author suggests that the approach to AI by the Biden administration is similar to Gates' approach to mobile, being rooted in the past and arrogant about an unknowable future. The administration's executive order on AI is seen as stifling innovation and favoring incumbents.
- The author argues that the executive order is influenced by self-interested actors in the AI field who are calling for regulation to lock in their incumbent positions, despite continuing their own work in AI.
- The author concludes by advocating for accelerating innovation rather than attenuating it, stating that technology is the only way to solve the problems we face and grow the economy.