Why creating an international body for AI is a bad idea

Contributing sentiments towards policy:

59% : The EU fined Amazon $888 million in 2021, Alphabet's Google $2.7 billion in 2017, another $5.1 billion in 2018 and Meta a cool $1.3 billion last May.
58% : This is not because they don't have the proper information, but because "the knowledge problem" is an inherent weakness of regulation.
54% : Market forces are much better at handling that kind of promising dynamism than state planners will ever be.
53% : The IPCC was established by the World Meteorological Organisation (WMO) and the United Nations Environmental Programme (UNEP) in 1988 with the same lofty goals for climate change policy advising that Schmidt invokes for AI.
48% : It's hard to imagine the EU or China acting impartially toward U.S. AI companies if given seats at the global advising table.

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