Incumbents in power are afraid of AI’s disruption potential

AI tools and platforms have incredible potential for disruption, but it is important to distinguish between the application of the technology and the technology itself. While there is fear surrounding the leverage provided by AI, it is crucial to recognize that these tools are not inherently all-powerful. Regulation should focus on preventing misuse and illegal activities rather than stifling innovation. It is also important to consider the economic opportunities created by AI, such as new business models and tools. Attempts to regulate AI on a global scale are likely to be ineffective due to the lack of coordination among countries. Therefore, it is crucial to strike a balance between regulation and allowing the potential benefits of AI to be realized.