Debate on FINRA-style AI regulation: need to prevent mission creep and ensure durability under pressure
neil_chilson · x · 2026-08-29
Brendan McCord critiques Tyler Cowen's proposal for a FINRA-style AI regulatory body, warning that it risks evolving into a restrictive "AI FDA" without specific design fixes. Neil Chilson highlights McCord's point about "durability under pressure"—the risk of mandate expansion post-incident. Chilson suggests that enforcement-based approaches, like the FTC's, offer resilience similar to common law systems.
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