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Andrew Ferguson warns against panic-induced AI regulations

FTC Chairman Andrew Ferguson warns against rushing into new AI regulations, arguing they are designed to protect big tech monopolies from competition, on ’The Big Weekend Show.’

FTC Chairman Andrew Ferguson warns that rushing into new AI regulations will harm competition and help big tech monopolies build a protective moat around their businesses. Criticizing comments from former President Barack Obama, Ferguson argues that existing product liability and consumer protection laws are already sufficient to protect Americans without stifling the innovation needed to win the tech race against China.