Tech Giants Lead AI Innovation with Little Oversight as Governments Fail to Keep Pace

Governments used to lead innovation like during WWII, but now tech companies dominate AI development with little oversight.

Companies like OpenAI and Tesla are calling for AI safety regulations but still rapidly developing the technology.

The new Bletchley agreement between 27 countries including the US and China aims to cooperate on AI governance but lacks details.

The US government funds a smaller share of R&D now compared to the WWII era when governments drove tech innovation.

Autocratic states like Russia and China see promise in AI but also risks, banning some AI systems while trying to harness the tech's power.