Stephen Carroll

Just interested in your thoughts in the first instance on what Mr. Sachs was saying, you know, the trajectory and timeline for a federal level set of rules on AI.

It's great to be with you, Ed.

Yeah, I think what David had kind of stated yesterday makes a lot of sense.

A patchwork of regulations across 50 states is not a sustainable structure in a global competitive technology race.

I think as a builder and somebody who has sat inside of government, I can confidently say what we need right now is a single national framework that advances this critical technology in one of the most consequential times we're seeing in modern history.

Joe, what everyday Americans may be confused by is the distinction between either there not being enough regulation.

In other words, we do not have a federal level framework.

But there is a lot of state by state regulation, the point that Mr. Sachs was making.

What is the real risk over regulation or under regulation in this context?

Yeah, I think there is a fundamental mismatch between the pace of this technology and the rate at which we're trying to regulate this across different states, localities, cities.

And the issue is this is still a very emerging technology in many respects.

It's a horizontal technology that cuts across every sector, vertical industry, and it's

You know, there's a question that I think is persisting throughout circles in D.C.

in the valley of if not America, then who?

And we are at a moment right now where we're seeing massive productivity gains in key sectors of the economy to include government itself.

And I think it's far too early to be taking an over-regulatory approach to a technology we're still learning a great deal about.

There's two specific areas I want to talk to you about.

The first is the use of AI generally in national security and defense.

Anthropic is the biggest case study of late, right?

And just having returned from D.C., the position of many was it is not up to the companies how the government, particularly the defense arms of government, use the technology.