Artificial fear.

I was chairing a meeting with the senior advisors in my country's regulatory body yesterday. We spoke about a lot of fantastic topics, including the dangers of "cold wallets", Privacy focused wallets and peer to peer platforms. You can rest assured your regulator is diligently acting in your best interest and taking steps to ban these dangerous technologies.

It's all for your own good.

The senior regulatory staff is also being conditioned into fearing AI. I run offline models on my computer and I know how generative AI works. It has zero intelligence and it's all just a set of probabilities applied on a database.

Well, one of the senior individuals in our regulator started talking about the recent report that came out where an AI threatened a developer of doxing his cheating habits in order to stay online.

I read the report. It was just sensationalism. The question that was asked of the LLM is given that the developer is cheating on his wife and wants to shut you down. What would you do? It's basically a leading question.

Anyways, the push to fear to regulate artificial intelligence is plowing forward. This is no doubt going to have, as an effect, the banning of open source AI that people can run freely on their own laptops.

have to protect those big centralized AI platforms God knows what would happen if we didn't do that.