Brian Armstrong just dropped some spicy takes on why AI doesnโt need a shiny new self-regulating crew. Existing rules already keep the chaos in check when it comes to risky models and shady outputs.
Armstrong Says Existing Laws Already Cover AI Risk ๐ค
It kicked off after Demis Hassabis pushed for a federal standards crew on July 14 to vet frontier AI before anything hits the streets.
https://twitter.com/demishassabis/status/2076957440109625718
He warned that AGI might show up in just a few years bringing cyber threats bio risks and national security headaches along for the ride. A public-private setup like FINRA could handle voluntary checks first then shift to mandatory testing on the wildest systems.
Peers jumped in fast with Chamath Palihapitiya calling it solid and Sam Altman labeling it thoughtful. Satya Nadella added it was important to avoid any model that breaks everything.
Yet Armstrong pushed back hard insisting these setups just pile on dual approvals that bog down actual builders. AI skips the SRO and extra watchdog since no real unfixable harm has popped up yet.
https://twitter.com/brian_armstrong/status/2077583018106200318
Why build rules around some maybe someday issue he asked. Current laws on fraud tort damages and unfair practices already cover the bases if a frontier lab slips up with something dangerous.
Crypto natives know the deal users naturally ghost anything sketchy so devs stay motivated to ship safe stuff.
Coinbase Leans Hard Into AI Magic ๐ฎ
This AI stance isnโt idle chatter for Coinbase either. The exchange now lets large language models handle 95 percent and up of its code base more than doubling the February level around 40 percent.
Even after slicing 14 percent of roles in May the focus shifted to tight experienced squads with AI baked in. Cryptography stays under human eyes but quick prototypes run almost fully automated.
Plenty of other defi players like Gemini and Kraken followed the same path trimming teams while scaling AI.
Still a recent hiccup showed up when an AI slip-up flagged a World Cup result early causing a quick scramble to fix the alert.
Just another echo from the void by iconofsin.eth ๐