Part 7/8:
To emphasize the need for a balanced regulatory framework, Cruz draws parallels between the dawn of the internet in the 1990s and current discussions surrounding AI. He argues that a "light touch" regulatory approach can drive economic growth and innovation, as seen in the rapid expansion of the American economy relative to Europe’s due to varying regulatory philosophies. Cruz warns that a lack of uniformity in AI legislation could hinder the United States’ competitive edge against nations like China.