There is a more fundamental problem.  Government cannot regulate technology unless it can pay the regulators a salary that is vaguely comparable to the industry they are regulating.  Government agencies are forced to hire beltway consulting companies because they cannot pay anywhere near market.  So instead, the government pay market indirectly plus the profit for the companies.  No wonder our regulations are a mess.  Government pay must be normed to market rates.  Conversely, government pay rates need to also apply to all government contractors.  If a Programmer III pays $100K, then consulting companies should not be able to pay $200K and charge that, plus a markup, to the government.  The government caps salaries that universities can pay on government grants.  Why not cap what the government pays for-profit consultants?Then we can get competent experts in the government who will know when the corporations are shoveling manure and call them on it. We can get reasonable regulation for AI, the internet, hedge funds, and crypto...to name a few.

There is a more fundamental problem.  Government cannot regulate technology unless it can pay the regulators a salary that is vaguely comparable to the industry they are regulating.  Government agencies are forced to hire beltway consulting companies because they cannot pay anywhere near market.  So instead, the government pay market indirectly plus the profit for the companies.  No wonder our regulations are a mess.  Government pay must be normed to market rates.  Conversely, government pay rates need to also apply to all government contractors.  If a Programmer III pays $100K, then consulting companies should not be able to pay $200K and charge that, plus a markup, to the government.  The government caps salaries that universities can pay on government grants.  Why not cap what the government pays for-profit consultants?Then we can get competent experts in the government who will know when the corporations are shoveling manure and call them on it. We can get reasonable regulation for AI, the internet, hedge funds, and crypto...to name a few.

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