🚨 OBAMA RIPS THE "MARKET WILL TAKE CARE OF IT" APPROACH TO AI: "That’s not how we treat airlines, or drug companies, or food companies." Obama: "My view this week has been it is good that some of the leading companies have said we need to slow this down, and we should encourage that. There have been some on the left who’ve said we shouldn’t allow them to make that decision. I agree that that can’t be a long-term solution. Government has to be regulating this. I heard one of Donald Trump’s main advisers on this make the argument that the market will take care of it. These companies will solve the safety issues because they have every incentive to do so. If it turns out to be dangerous, people will just sue them. And they’re worried about financial liability. That’s not how we treat airlines, or drug companies, or food companies. We now have 150 years of experience just letting the market do whatever it wants when it comes to things that deeply affect our health and our safety. And so, there’s no replacement for an effective, government regulatory structure. And the challenge we have is that obviously, we have a president currently that has said that’s for losers. So, we’ve got a gap, at least of a couple of years, where things are moving really fast, and we have an administration that is not capable of or willing to, I would argue both, of putting together a serious regulatory framework, which is why I actually think we should be encouraging some sort of voluntary industry restraint, not because it’s a replacement, but because that may be the best we can do for now until we can get Congress and the White House to start getting serious about this."