alt Hacker Newshttps://en.wikipedia.org/wiki/Regulatory_capture
The fear is not that they will just slow down progress for all. It is that regulation will specifically burden competition. If you kill open-source training, ban Chinese models, crack down on self-hosting, grandfather OpenAI/Anthropic/Google into regulatory compliance while throwing the book at startups, etc. you wind up in the worst of all possible worlds.
That's a valid concern, but some of that is outright impossible. Banning chinese models and killing open source training is not happening without massive unified international cooperation, and that sort of level of action would require the international counties decide to allow the US aligned companies to just, win. Which would be pretty against their own interests.