This is just thinking about the wrong level of regulation. Not all goods need to have CE marking, or get audited regularly, or anything like that. I can go to someone who makes furniture in their shop and buy that furniture without them ever contacting the British Standards Institute.

You can't buy it if you can't agree about what money is. That's one of those pesky regulations.

The regulations forbid competing currencies (sorta), but people create currencies for trade even when no government is doing so.

As I say, the wrong level of regulation.

You're not making a point on the argument being made.

It's not about _not_ having regulations. It's about not introducing new regulations without demonstrating harm first.

The current crop of regulations, i argue, is sufficient, and no new ones introduced for AI.