It very much is not just an American phenomenon. Are you honestly trying to claim that AI is only being used in America?
DeepSeek is Chinese. Hugging Face and Mistral are French. DeepL is German. Stability AI (Stable Diffusion) is British. DeepMind (The subsidiary of Google) is based in Britain. And that’s just scratching the surface, there are as many AI companies based outside the US as there are inside the US.
Just because some of the AI companies are based in the US, that doesn’t mean other countries have no options. Every country still has the right to regulate use in their jurisdiction. Just like various European countries instituting laws governing things like digital markets, AI can be regulated as well.
The American SEC doesn’t prevent Australia from regulating AI use in Australia or by Australian companies.
That’s literally how every international business works. AI is not special. There’s a lot to blame America for… your government not doing anything about something they can control isn’t one of those things.
The AI bubble is an American phenomenon and their SEC isn’t slowing down the insanity. Their lack of a functional SEC is everyones problem.
It very much is not just an American phenomenon. Are you honestly trying to claim that AI is only being used in America?
DeepSeek is Chinese. Hugging Face and Mistral are French. DeepL is German. Stability AI (Stable Diffusion) is British. DeepMind (The subsidiary of Google) is based in Britain. And that’s just scratching the surface, there are as many AI companies based outside the US as there are inside the US.
Just because some of the AI companies are based in the US, that doesn’t mean other countries have no options. Every country still has the right to regulate use in their jurisdiction. Just like various European countries instituting laws governing things like digital markets, AI can be regulated as well.
That was my point, its affecting australia too. Because the Americans don’t have a functional SEC.
The American SEC doesn’t prevent Australia from regulating AI use in Australia or by Australian companies.
That’s literally how every international business works. AI is not special. There’s a lot to blame America for… your government not doing anything about something they can control isn’t one of those things.