"Classically, that would not be the case, my dear fellow. A classic duck would walk like a duck and talk like a duck. I regret to inform you that I do neither."
"Ah! A classic duck, you say? Well, that’s an entirely different bird, sir. Entirely different."
* * *
"AI politics is now loud–precisely the environment in which Culpepper predicts business power will be weakest. A mature industry can bend regulation to its purposes through revolving doors, longstanding relationships and obscure rulemaking. An industry under Sauron’s eye has much less power and faces much greater risk that politics will bend regulation to its purposes. Political actors are eager for an excuse to redistribute AI rents away from capitalists and toward favored groups..."
Usually he blogs from a libertarian point of view, so you would expect him to be fairly vigorous about denouncing regulatory capture, if that was truly the story here.
"You, sir, are a duck."
"Classically, that would not be the case, my dear fellow. A classic duck would walk like a duck and talk like a duck. I regret to inform you that I do neither."
"Ah! A classic duck, you say? Well, that’s an entirely different bird, sir. Entirely different."
* * *
"AI politics is now loud–precisely the environment in which Culpepper predicts business power will be weakest. A mature industry can bend regulation to its purposes through revolving doors, longstanding relationships and obscure rulemaking. An industry under Sauron’s eye has much less power and faces much greater risk that politics will bend regulation to its purposes. Political actors are eager for an excuse to redistribute AI rents away from capitalists and toward favored groups..."
https://marginalrevolution.com/marginalrevolution/2026/09/wh...
This blogpost was written by a big-shot economist btw: https://en.wikipedia.org/wiki/Alex_Tabarrok
Usually he blogs from a libertarian point of view, so you would expect him to be fairly vigorous about denouncing regulatory capture, if that was truly the story here.