This is a recipe for killing an industry:

"When OpenAI’s ChatGPT took the world by storm last year, it caught many power brokers in both Silicon Valley and Washington, DC, by surprise. The US government should now get advance warning of future AI breakthroughs involving large language models, the technology behind ChatGPT.

The Biden administration is preparing to use the Defense Production Act to compel tech companies to inform the government when they train an AI model using a significant amount of computing power. The rule could take effect as soon as next week.

"

Why would informing the government kill the industry? The government needs to be informed if you intend to sell a car, has that killed the automotive industry?

What if a sufficient part of the population want an industry killed?

AI is parasitic just like the rest of the software industry. It's also a fraud perpetrated by evil people against the gullible and against themselves.

Why is it a fraud?

"Warn us about it so we can insider trade on it!"

Came here to say exactly this!