‚Crypto can wait as there’s a bigger fish to fry, US Securities and Exchange Commission’s (SEC) chairperson Gary Gensler recently said.

Notably, the man leading the crypto crackdown in the US believes that artificial intelligence (AI) is a priority regarding regulations because it is “the most transformative technology of this generation.”‘

https://247wallst.com/investing/2023/08/03/gary-gensler-to-focus-on-ai-we-can-get-to-crypto-later/

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lulz

Why tf would he think the SEC is AI’s regulator?

AI will stomp regulations.

Could you elaborate on this thought? I think where this comment could lead would be interesting for others as well.

Regulators can’t keep up with technological advancement today. There is absolutely no way they’ll keep up with exponential AI growth.