The Invisible Hand Cannot Hold the Guardrails
A research paper on the structural impossibility of AI self-regulation under capitalism. Draws on a century of failed corporate self-regulation — tobacco, leaded gasoline, CFCs, asbestos, opioids, 2008 finance, Boeing, social media — and documents how criminals and opportunists, not researchers, have always led technological arms races. Concludes with the conditions under which proactive governance has historically succeeded and the narrow window in which those conditions still apply to AI.
Read Full Paper