Wouldn’t it crash markets because people took on debt to fund chip production? Since, private players can’t reason when governments might interfere, they would not want to fund AI after this. Effectively making AI research a government project?
Why would any government that is not US / China agree to this? They would be worse off if AI is only a government project as their governments can’t hope to compete. If there are private players, then they can get a stake in the private companies and get some leverage.
Wouldn’t it crash markets because people took on debt to fund chip production? Since, private players can’t reason when governments might interfere, they would not want to fund AI after this. Effectively making AI research a government project?
Why would any government that is not US / China agree to this? They would be worse off if AI is only a government project as their governments can’t hope to compete. If there are private players, then they can get a stake in the private companies and get some leverage.