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Regulation does slow innovation, but is often needed because those innovating will not account for externalities. This is why we have the Clean Air and Water Act.

The debate is really about how much and what type of regulation. It is of strategic importance that we do not let bad actors get the upper hand, but we also know that bad actors will rarely follow any of this regulation anyway. There is something to be said for regulating the application rather than the technology, as well as for realizing that large corporations have historically used regulatory capture to increase their moat.

Given it seems quite unlikely we will be able to stop prompt injections, what are we to do?

Provenance seems like a good option, but difficult to implement. It allows us to track who created what, so when someone does something bad, we can find and punish them.

There are analogies to be made with the Bill of Rights and gun laws. Gun analogy seem interesting because they have to be registered, but often criminals won't and the debate is quite polarized.




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