Last week, OpenAI CEO Sam Altman went before Congress to hype fear over artificial intelligence. Altman argued, among other things, that the use of AI could swing elections, as though Facebook and Google weren't already using algorithms to do exactly that. It's been well-documented that Facebook and Twitter used their AI to flag and suppress speech that harmed the Democrats' presidential nominee so the legacy media could maintain a cocoon of orange-man-bad coverage. 

The real problem Altman is trying to solve—and everyone knows this—is how to use the power of the federal government to prevent competitors from upsetting OPENAI's current market position.

Like America Online, once the king of instant messaging, and Blockbuster Video, once the only real source for in-home viewing of contemporary movies, both probably wish they had gone to the government while there was still time to block the innovation that later led to their decline and fall. Only a fool thinks that an industry calls for regulations to protect the public. They want to use the regulatory power of the government to preserve their ride on the gravy train. That's the idea behind, "regulatory capture," i.e. that when money is on the line, the regulators soon end up working for the regulated industry.