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James McHugh

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
767 total appearances
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Podcast Appearances

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

The problem with any regulator is to make their job worthwhile, they need to regulate.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

Otherwise, why are they there?

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

So once you've created a room of regulators, then regulations will happen.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

So we're regulating, not legislating.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

And we need to get back to what do we want this to look like in 10 years?

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

What does good look like?

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

I think there's not one single thing.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

So firstly, I think we should be absolutely making sure that AI does not and has not got the capacity or the control to talk people through suicide or to allow people to suicide themselves.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

That needs to be controlled.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

age appropriate, you know, 14 year olds using AI to discuss relationships, to have relationships with the AI, like that needs to be legislated.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

So I don't think we need, we can't stop this.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

Yes.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

Is that what you're saying?

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

Maybe it's guardrails, but ultimately, you know, what social media shows me is that

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

Whatever legislation we try and put in place or controls we put in place, we're not equipped.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

We're just getting to the point now where schools are saying you can't bring your phone into school.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

We should have done that 10 years ago, right?

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

When we had 12-year-olds with phones, we should have worked out pretty quickly that there's no good that can come from a 12-year-old on a phone all day.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

So I think governments need to move quicker.

James Reed: all about business
How to spot the next billion dollar opportunity before everyone else | James McHugh

They need to realize what's coming.