The speaker says AI companies compete in a race and that many people within them have convinced themselves that AI risk is not a major concern.

“and so it's a terrible situation like i think that if the government wades in and tries to make more specific regulations along the lines of what you mentioned it's very plausible that it'll end up backfrying for reasons like what you mentioned on the other hand if we just trust it to the companies they're in a race with each other and like they're full of people who like have convinced themselves that like this is not a big deal”