Global Regulators Want To Hamstring AI Innovation

In no industry does the process of creative destruction operate more dynamically than in the tech sector. To remain competitive (or even survive), start-ups and giants must race to innovate. Technologists create new iterations of old features, as well as entirely new things, churning out products that just a short time ago seemed to be the imaginings of science fiction. The inhabitants of the tech ecosystem shift constantly as new innovators break through and old-timers lose their touch. Companies must evolve and advance or face irrelevancy. These pressures — while at times chaotic — produce staggering innovation and consumer benefits.

 

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