Wise and Salutary Neglect: Why Competition Is the Best AI Regulation
An opinion piece published in RealClearMarkets argues that market competition, rather than formal regulation, is the most effective mechanism for governing artificial intelligence development and deployment.
Why this matters: This is a real policy argument with real stakes. If competition is the answer, then companies self-correct through market pressure and no one needs a rulebook. That sounds clean. But markets did not stop social media from harvesting personal data at scale, and they did not stop surveillance advertising from becoming the default business model of the internet. The people most exposed to AI harms often have the least market power to push back. Who protects them while the competition sorts itself out?
Who should care: AI governance · Lawyers · Administrators · Compliance · General readers · Policy
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