The arrogance of governments really knows few bounds.
Over the past 2 years, we heard how the United States Congress was going to roll out cryptocurrency legislation. Since that did not happen, we were told that stablecoin regulation was coming.
That, too, seems like something they are unable to get together on.
Standing in the wings is artificial intelligence. While the members of governments around the world grapple with digital assets, there is a bigger bear that moves like a cheetah rearing its head.
Yet, somehow, through all this, we are told governments will regulate AI to ensure it is safe.
Our Governments Are Outdated
Some push back when I make this statement but that is okay; I put it out there again:
Our governments are completely outdated and will not survive this century.
What we are facing with artificial intelligence, in all its forms, is going to blow the doors off everything. Our laws are absurd in light of what is taking place. The idea of applying securities laws from the 1930s to cryptocurrency was bad enough. Now, they are going totry) and apply copyright laws, as an example, to what is taking place online.
It becomes almost laughable.
If you think the US Government, or any other one, is going to move faster than Meta, Google, Apple or Microsoft, we might have a bridge for sale. The reality is these entities are going full steam ahead with their AI initiatives.
What takes this to another level is the pace which people are adopting it. Let us conduct a little survey:
Did you use a chatbot in the last 24 hours?
The answer should be affirmative if it was Bard, Claude, ChatGPT, or any of the others. Naturally, many who are reading this have used it. That means we enhanced the software, feeding more data into the neural network.
Of course, the payoff for such activity is in the hands of the users. The technology is very impressive, far eclipsing what traditional search offered. We are not going to be remiss and will mention how these are being built into the search engines.
And governments are going to keep up?
The Rise of the Network-State
I am a big proponent that we have a new form of governance being constructed. Our forms of government will end up like the feudal system. There is no way most of them survive the next few decades.
Network-states will end up taking over. We can easily see how the digital world is expanding. More of life is being tied to this mechanism, the thing we call the Internet.
For this reason, we are going to require institutions that were designed for this realm. That means a new monetary system (blockchain and cryptocurrency) as well as new structures. This will apply to business, finance, and, yes, governments.
In short, we are seeing the unfolding before our eyes.
While the development of these system could be construed as rather slow, the eclipsing of government control by technologies such as AI is not. We are seeing this unfold in real time.
Entering 2024 means the United States will be entering election season. Like professional sports, it seems like this only gets longer. This means much of the year will be spend campaigning for re-election. Even the business at hand will be used as a podium for seeking another round in office.
That means not a lot of substance is going to get done.
All the while, technology is forging ahead. Give some of what is discussed here another 18-18 months and we will be light years ahead of where we are now.
It is only going to keep accelerating.
How long until the majority of the people realize that governments will have no solution to this?
In the meantime, we will hear stories about how they are going to regulate AI and help all of us. The clock is ticking.
Posted Using InLeo Alpha