Mark RiedlAltman would rather talk about regulation of sci-fi scenarios and not about the real world consequences of how AI can be used right now to do harm. Things like protection from discrimination, fairness, privacy, ability to receive remedy.
Regulatory capture is just one part of this. Regulation of fantastical scenarios and not real-world scenarios is tantamount to no regulation.
Anyway, if he wants rules about sentience and self-replication, that’s fine. I’m not opposed to that.
But that should be in addition to the FTC regulating applications that harm consumers. Those might not even affect a company that provides API services and not direct-to-consumer applications.