The elephant in the room in these discussions of AI is the concept of the corporation. Most of the things people are worried about AI doing are things corporations already do. Deceptive marketing, exploiting customer information, conspiring to keep prices high, creating distractions from things companies are doing, setting up monopolies, lying to customers - the usual. With AI, this can be automated. Most of this is…
Governments are supposed to safeguard the interests of the many. Over decades they used collective resources to advance the research that made IT/AI possible. They granted corporates (private interests) the license to operate, a financial system to oil them, a security system to protect them.
If current IT has the shape it does (oligopolistic, unaccountable, abusive, potentially a runaway disaster) it is entirely due to complicit, captured governments and malfunctioning political systems.