LocalLLaMA

I mean it's not a complete lie, but definitely over exaggerated!

There much more subtle and urgent risks to mitigate, which haven't been caused by AI -- though the AI has the potential to accelerate/widen them.

Governments and authorities need to be very careful with regulations, let alone over regulating -- because the trust of people in governments is very low. Making it really hard for people to follow and for organizations to adhere.

Minding the fact that the world is not aligned on almost anything, other countries will for sure take advantage of the situation, offer almost regulation-free zone for AI development -- so they attract as many experts and businesses as possible.

On a personal note, I'm following the EU AI regulations closely, to see where it goes -- and in case the EU ended up forcing heavy regulations that slow down the development. Then I'm one of the people who will look for other place to move to, where I can get access the latests with minimum-to-no concerns.