Topic: consumer protection

The inherent inertia and inefficiency of regulators in responding to rapidly evolving sectors like AI can be attributed to several factors rooted in their nature, design, and skill sets. First, regulatory bodies are typically structured to be cautious and deliberative, prioritizing stability and risk aversion over rapid adaptation. This approach, while beneficial for maintaining systemic integrity in traditional markets, often results in a lag when faced with fast-paced technological innovations...