“Durbin said it was refreshing to hear industry executives calling for regulation, saying he couldn’t remember other companies so strongly asking for their industry to be regulated.”
Senators praised Sam Altman for his openness and floated new agencies or a licence to build AI. Nobody asked why the market leader wants a licensing regime. Licences are a moat, and the company that writes the rules first gets to keep the newcomers out. Dick Durbin found it refreshing, which is exactly the point.