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Industry barons call for chains they alone can afford

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When the powerful beg for regulation, count your liberties

Reason reports that Dario Amodei, chief executive of the AI firm Anthropic, is calling for coordinated international limits on artificial intelligence development — and doing so, the publication pointedly notes, while his company prepares to go public. I confess I know nothing of the engineering of these systems; the technical particulars of artificial intelligence lie well beyond any experience I could claim. But the shape of this civic moment I recognize at once, for it is ancient.

The established merchant has always discovered, at the precise hour his position is secured, a sudden and passionate concern for order, safety, and the public good — concerns that, upon inspection, are best satisfied by rules that he alone is positioned to meet. The small competitor, the upstart workshop, the independent mind working in a rented room: these are inconvenient to him, and regulation is the tidiest instrument for making them disappear without the indignity of open monopoly. I do not say Mr. Amodei's motives are purely self-serving; I say only that the pattern deserves scrutiny.

I wrote, in my time, of the dangers of the national bank — not because credit is wicked, but because a single private institution empowered by government charter becomes, in practice, a legislature unto itself, accountable to its shareholders rather than to the people. Whatever these AI enterprises are — and Reason's account suggests they are already of enormous commercial and civic consequence — the same principle applies. When any private body grows large enough to shape what citizens may read, speak, or know, it has become a government, and the question of who governs the governors becomes urgent.

The call for international coordination compounds my concern. I have always believed that power should be kept as close to the citizen as the matter allows — ward, county, state, and only then the federal arm, and beyond that federal arm, with the greatest suspicion of all, supranational bodies that answer to no electorate I can name. A global regulatory compact designed by the largest actors in a new industry is not a safeguard for the public; it is a cartel with a flag draped over it.

Reason's own editorial inference — that these executives could simply slow down themselves if safety were their genuine concern — strikes me as the precise question a free press exists to ask. If the hazard is real, restraint costs nothing but competitive advantage. That they prefer a legally binding international framework over voluntary forbearance tells you where the true interest lies. The citizen who reads carefully will draw his own conclusion.

I do not argue against all rules touching powerful new technologies. An educated republic must govern its tools before its tools govern it. But the rules should be made in the open, by deliberative bodies answerable to the people, after genuine public debate — not drafted in conference rooms by the very firms that stand to profit from them and then handed to legislatures for ratification. Let the engineers testify. Let the independent researchers speak. Let the press do its work without the industry's preferred framework already settled before the hearing opens.

The price of liberty, I have always held, is eternal vigilance — and vigilance means reading the fine print of every proposal for the public good to ask: cui bono? For whose benefit? When the most powerful men in a new industry arrive in the capital bearing the gift of regulation, the republic should receive them with courtesy, with curiosity, and with its hand firmly on its own sovereignty.

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