Okay, so for leaded petrol substitute mortgage backed securities. The person who invented those was not going “buahahah, fly my pretties, cause a global financial crisis”; they probably thought they were doing a _good, ultimately of benefit to society thing_. And yet…
And therefore we also fail as a society to effectively regulate various complex financial instruments before they actually cause an obvious problem.
My point is not that we should or should not regulate AI. It's just that I believe the causal link from certain types of AI usage to concrete harm for society is too complex for enough humans to band together and achieve consensus a priori on regulation.
