AI rules get shaped more by big companies than by the public.
It is like letting the candy factory write the school lunch rules. Surprise: every meal gets a cookie.
Big firms can push rules their way. Small companies and the public may lose out.
AI-regulation
Regulatory capture can make AI rules favor the industry being regulated.
AI Lobbying
Companies can use lobbying to influence AI rule makers.
AI Governance
Independent and open AI Governance can lower the risk of regulatory capture.