The post Brian Armstrong Argues for Unregulated AI Development! appeared first on Coinpedia Fintech News

Coinbase CEO Brian Armstrong has expressed his belief that artificial intelligence (AI) should be left unregulated in a recent post on X (Twitter). Armstrong argues that the AI industry needs space to develop in order to address imperative challenges such as national security, adding that regulation often brings unintended consequences that damage innovation and competition. In the UK, the Competition and Markets Authority recently concluded that AI has the potential to change people’s work and lives; however, changes may occur too rapidly and have a profound impact on the market and consumers.