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Eric Schmidt, the former CEO of Google, was asked today in an interview about whether regulation was the answer for our issues with AI.

His answer about regulating tech companies is...worth reading.
Eric Schmidt's point about how hard it is to specifically write regulations around specific practices is well-put.

But is the best alternative really to only regulate tech companies "as bad things happen"?
Eric Schmidt was also asked about breaking up Big Tech companies.

In response, he pointed to the proposal from @ewarren to break up Apple, which he said was a bad idea.
@ewarren Eric Schmidt says Elizabeth Warren's plan to break up Apple would increase the price of the iPhone.

"So another way to say that is Mrs. Warren announced — or is proposing — a rise in prices for iPhones. Which is obviously not what her campaign said."
@ewarren Eric Schmidt also was asked about Universal Basic Income as a solution to income inequality.

"My personal view with UBI is that I'd like to see another country actually trying it really hard first," Schmidt said. "I don't want America to be the first the first adopter of it."
@ewarren Anyway, what Eric Schmidt thinks about regulating Big Tech, Elizabeth Warren and universal basic income matters because...

...he is one of the richest people in the world, is one of the country's most generous philanthropists, and is one of the Democratic Party's largest donors.
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