Andrew Yang: Elon Musk supports regulating, not breaking up, big tech - Business Insider

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Andrew Yang wants to regulate big tech without breaking it up, and says his fan Elon Musk is in full support

Supporters cheer for Democratic U.S. presidential candidate Andrew Yang during a rally in Cambridge, Massachusetts, U.S. September 16, 2019.The former tech executive hinted at his policy at a fundraiser in San Francisco on Wednesday. Tech's most vocal supporter,for a fireside chat with the candidate.

"There's this notion that techies are averse to any sort of conversation about guidelines on technology, and that hasn't been my experience," Yang said at the event. "The technologists I've talked to, they're pretty reasonable." He referred to one high-profile supporter, in particular, Elon Musk, and said that the two talked about the dangers of tech companies moving so quickly. Musk has previously called for regulation on the development of artificial intelligence, which he sees as an existential threat to humanity.

"Elon Musk said to me that, 'Look, all of our incentives on AI development are in one direction. That is going to lead to problems. And so it would be very useful if there were some other set of incentives, and that's not going to come from the competition, because we're just racing against each other,'" Yang told the room.

"We all know that if you are one of these tech companies in a competitive marketplace, that you have one set of incentives and that's to go as fast as possible," Yang said. "Going as fast as possible could have some real drawbacks or negative effects. And so, you need a different set of incentives than 'just go as fast as possible.' Because of AI, you may end up breaking ground that you didn't want to break to begin with.

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Andrew Yang preached his tech-friendly gospel at Sam Altman's San Francisco house: You can't treat tech like oil companies and breaking up Amazon won't bring malls backPresidential candidate Andrew Yang had a fundraiser attended by tech workers in San Francisco at supporter and tech investor Sam Altman's house. Yang is a Chinese Spy The top 3 contributors to AndrewYang's campaign are employees of Google, Amazon, and Microsoft. Why do they support him even though he keeps bringing up Amazon's $0 tax bill and making tech pay their fair share? 'The technologists I've talked to, they're pretty reasonable.'
Source: BusinessInsider - 🏆 729. / 51 Read more »

Andrew Yang preached his tech-friendly gospel at Sam Altman's San Francisco house: You can't treat tech like oil companies and breaking up Amazon won't bring malls backPresidential candidate Andrew Yang had a fundraiser attended by tech workers in San Francisco at supporter and tech investor Sam Altman's house. Yang is a Chinese Spy The top 3 contributors to AndrewYang's campaign are employees of Google, Amazon, and Microsoft. Why do they support him even though he keeps bringing up Amazon's $0 tax bill and making tech pay their fair share? 'The technologists I've talked to, they're pretty reasonable.'
Source: BusinessInsider - 🏆 729. / 51 Read more »