There should be no regulation of artificial intelligence. Here’s why.

<p>These days, in the sphere of public debate, there&rsquo;s a rule I try to remember. Namely, that if I come across the same idea twice in a week, it&rsquo;s probably a bad idea. And if I see it a third time, it&rsquo;s surely a terrible one. Ideas that are easily repeated are too simple to do justice to a nuanced problem.</p> <p>At the moment, there are a lot of bad ideas circulating on the topic of regulating artificial intelligence.</p> <p>What seems extraordinary is that people who should know better are leading the charge of bad ideas. People like Max Tegmark, physicist and author of bestselling book&nbsp;<em>Life 3.0</em>, or Geoffrey Hinton, an AI scientist nicknamed the &ldquo;Godfather of AI&rdquo;.</p> <p>They and others are sprinting after Elon Musk, who was running solo until recently. It&rsquo;s as if they were playing a futuristic version of&nbsp;<em>Pascal&rsquo;s wager</em>, and covering their bases just in case an AI God turns out to exist, however infinitesimal the chances.</p> <p><strong>I will explain here why, for the time being, AI should not be regulated</strong>&nbsp;&mdash; that there is no present reason to regulate it, and that the arguments for regulation are ill-thought, misconceived and frankly, unintelligent.</p> <p><em>If you&rsquo;re interested in AI and the financial markets, consider joining us at&nbsp;</em><a href="http://www.sharestep.co/" rel="noopener ugc nofollow" target="_blank"><em>Sharestep</em></a><em>, a platform that transforms the stock market into a marketplace of ideas.</em></p> <p><a href="https://medium.com/sharestep-ai/there-should-be-no-regulation-of-artificial-intelligence-heres-why-17d954024454"><strong>Learn More</strong></a></p>