A futile quest by California to establish suitable AI regulations
There exists a superior approach. Regulators — whether at the state level, federal level, or within specific industries — should concentrate on creating regulations for corporations and major cloud service providers who deploy advanced AI tools, rather than focusing solely on the companies developing and marketing such technology. (While it is true that the major cloud service providers also market their own versions of advanced AI tools, they operate as distinct business entities with separate leadership.)
Why this strategy? To start, corporations are more inclined to collaborate, thereby increasing the chances of successful compliance. Additionally, if regulators want technology vendors to address cybersecurity and privacy concerns seriously, they should target their efforts towards their most significant clients. If these clients begin demanding adherence to government regulations, vendors are more likely to follow suit.
In simpler terms, the insignificant fines and sanctions that regulators can impose pale in comparison to the revenue generated by these clients. By influencing the clients, the vendors will undoubtedly receive the message.
