Seems like assumptions are being made that the people responsible for "training" the AI engines are ethical and have the world's best interest at heart.
The all-knowing public have given almost limitless power to a few very rich men, whose ONLY goal is to get richer.
All they have to do is convince that all-knowing public that regulations of any kind will prevent them (the poor, all-knowing public) from becoming as rich as they are - because those regulations will end up benefiting some other tribes (certainly not theirs) and the poor all-knowing public will foot the bill.

All past regulations (safeguards) are on the chopping block.
Because those very rich men do not want any of their money being taken to help pay for it.
Fewer regulations (by destroying our institutions from the inside) are not going to make us (the all-knowing public) richer. They will make us more unhealthy (and unable to afford health care) and our world will die even faster.

How will AI be regulated?
It won't.

Who do you think OWNS those AI engines?
And what do you think they want in return for providing that to us poor all-knowing public who cannot think for themselves?

Everything.

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