The implications of Biden's AI executive order on US innovation

Politicians feel they have lost control of social media and are seeking more power, as shown in discussions about crypto, AI, and new technologies. Lawyer Preston Byrne argues that the AI executive order contradicts section 230 and could hinder the US in the AI race. Jeff Amaco, head of operations at Jensen AI, criticizes Biden's AI executive order, stating that it burdens startups while benefiting large incumbents. The order requires reporting of activities, model ownership, cybersecurity measures, compute acquisition, and transactions involving AI models. These regulations treat compute as a potentially dangerous resource and increase transaction costs for startups.