Forbes
OpenAI Is Now Unambiguously Profit-Driven, And That’s A Good Thing
The recent drama at OpenAI, where CEO Sam Altman was briefly dismissed by the board of directors only to be rapidly reinstated, has sparked discussion about…
Blog
Important question: How many people will new AI regulations kill?
The White House Office of Management and Budget (OMB) recently released a draft memorandum outlining new requirements for federal agencies using artificial intelligence (AI).
Comment
OMB Proposed Memorandum on Advancing Governance, Innovation, and Risk Management for Agency Use of Artificial Intelligence.
December 5, 2023 Docket ID: OMB–2023–0020 Proposed Memorandum for the Heads of Executive Departments and Agencies: Advancing Governance, Innovation, and Risk Management for Agency Use…
Comment
Comments on Proposed Memorandum for the Heads of Executive Departments and Agencies: Advancing Governance, Innovation, and Risk Management for Agency Use of Artificial Intelligence
To Shalanda D. Young, Director of the Office of Management and Budget: The Competitive Enterprise Institute (CEI) is a non-profit public interest organization committed to…
Blog
Equity shmequity: How US government’s ‘discounting’ policy hurts the global poor
The Office of Management and Budget (OMB) recently finalized its Circular A-4 guidance on regulatory analysis, constituting the first update to the guidance in…
News Release
Ex Google CEO’s Call for UN Organization Focused on Artificial Intelligence Would Be a “Historic Mistake”
At a forum on Artificial Intelligence in Washington today, former Google CEO Eric Schmidt endorsed the idea of an international body like the United…
Forbes
Effective Altruism Contributed To The Fiasco At OpenAI
In a surprising turn of events, OpenAI’s board abruptly fired co-founder and CEO Sam Altman on Friday. Following a backlash on social media, the board…
Forbes
Schedule F And The Myth Of Apolitical Regulator Expertise
The Trump administration’s Schedule F executive order aimed at making it easier to hire and fire career civil servants in policy roles, but…
Op-Eds
Creating An IPCC For AI Would Be A Historic Mistake
The recent artificial intelligence safety summit convened by U.K. Prime Minister Rishi Sunak has revived a bad idea—creating an “…
News Release
CEI supports Rep. Foxx’s amendment to halt OMB’s A-4 rewrite
The House of Representatives will soon consider an amendment from Rep. Virginia Foxx (R-NC) to the 2024 Financial Services and General Government spending bill…
News Max
AI Not Science Fiction and Can Wreck Our Lives
News Max cites CEI’s James Broughel on the AI reality: Writing for Forbes, Senior Fellow at the Competitive Enterprise Institute James Broughel did not mince…
Forbes
Biden’s New AI Executive Order Is Regulation Run Amok
Signed yesterday, President Biden’s new executive order on artificial intelligence safety is already making waves across the technology industry. While the intention of…
News Release
Biden EO on artificial intelligence rushes in with regulation rather than problem-solving: CEI analysis
The Biden administration today released further details about the president’s executive order on regulating artificial intelligence. CEI Senior Fellow James Broughel, author of a…
Forbes
Biden Gambles On Industrial Policy Tech Hubs
The Biden administration last week announced the designation of 31 regional “tech hubs” across the United States, as part of a new program…
Testimony
Regulatory streamlining in Pennsylvania would boost opportunities for state residents
Introduction Good morning, members of the Senate Majority Policy Committee. My name is James Broughel and I am a senior fellow at the Competitive Enterprise…
Blog
It’s time to bring reason to emotional AI debates
Artificial intelligence (AI) promises immense benefits, ranging from revolutionizing healthcare diagnostics and treatment to radically improving transportation safety. However, as this rapidly advancing technology spreads,…
News Release
‘Rules for Robots’ report offers framework for AI regulation
Artificial intelligence technology seems poised to transform our lives in both beneficial and detrimental ways. A new Competitive Enterprise Institute report offers a thoughtful, fact-driven…
Study
Rules for Robots – A framework for governance of AI
Introduction With the rise of artificial intelligence (AI) and machine learning technologies in recent years, we have seen increasing calls for regulation to mitigate the…
Blog
The SEC’s misguided attempt to regulate AI
My colleague John Berlau and I submitted a comment letter this week to the Securities and Exchange Commission (SEC), arguing its proposed regulations on…
Econlib
Seeking an Explanation for the Stagnation
This is the second of two posts I am writing in reaction to Adam Martin, who wrote two responses to my essay about ways in which …
Comment
Conflicts of Interest Associated with the Use of Predictive Data Analytics by Broker-Dealers and Investment Advisers
October 10, 2023 Docket ID: Release Nos. 34-97990, IA-6353, File No. S7-12-23 To the Honorable Gary Gensler, Chair of the Securities and Exchange Commission, and…
Comment
CEI Comments on National Environmental Policy Act Implementing Regulations Revisions Phase 2
To Brenda Mallory, Chair of the Council on Environmental Quality: The Competitive Enterprise Institute (CEI) is a non-profit public interest organization committed to advancing the…
Blog
Flawed guidance for monetizing nature should be withdrawn
The Office of Information and Regulatory Affairs (OIRA) has proposed new guidance aimed at improving how federal agencies account for environment-related costs and…
Comment
CEI’s James Broughel Comments on Proposed Guidance for Assessing Changes in Environmental and Ecosystem Services in Benefit-Cost Analysis
September 18, 2023 Docket ID: OMB–2022–0016 Request for Comments on Proposed Guidance for Assessing Changes in Environmental and Ecosystem Services in Benefit-Cost Analysis Comments Prepared…
Econlib
Reevaluating the Influence of James Buchanan on Libertarian Thought
James M. Buchanan was an economist known for his affiliation with the “Virginia School of Political Economy,” otherwise known as Public Choice theory. Trained at…
Forbes
DC Politicians Roll Out The Red Carpet For Big Tech At AI Meeting
America’s tech luminaries gathered in Washington, D.C. this week, ostensibly to “educate” senators on the nuances of artificial intelligence. The convening, referred to as an…
Forbes
Early Warning Signs Emerge For U.K.’s New Innovation Office
A recent Financial Times profile of the U.K.’s newest scientific innovation office has garnered attention, and rightly so. Modeled after the U.S.’s Defense…
The Regulatory Review
Modernizing the “Value of a Statistical Life”
The Biden Administration’s “modernizing regulatory review” initiative offers a rare chance to correct historical mistakes in the federal regulatory framework. Central to this effort…
Forbes
White House Environmental Regulation Undermines Permitting Progress
In late July, the White House Council on Environmental Quality (CEQ) dropped a regulatory bomb that threatens to blow up infrastructure permitting reform. The proposal,…
Blog
How regulations crush small businesses and the poor
Today, the Senate Committee on Small Business & Entrepreneurship is holding a field hearing in Iowa on the topic of “One Size Does Not…
Testimony
The Disproportionate Burden of Federal Regulation on Small Businesses
Submission to the U.S. Senate Committee on Small Business & Entrepreneurship Hearing on “One Size Does Not Fit All: Understanding the Importance of Rightsizing Regulations…
Wall Street Journal
Biden Knocks Opportunity Cost
The federal government is about to upend how regulations are imposed on businesses and citizens. The White House Office of Management and Budget is quietly…
Forbes
Joe Biden’s Split Personality on Energy Project Permitting
On Friday, the Biden Administration proposed a new rule to amend the National Environmental Policy Act (NEPA) regulations. Unfortunately, the new rule risks…
Forbes
AI Economics Must Avoid The Ethical Mistakes Of Climate Economics
Artificial intelligence (AI) has garnered significant public attention in recent months, especially since the groundbreaking launch of the large language model, ChatGPT. Some of that…
Blog
Biden admin plans to rig cost-benefit analysis, boosting federal regulations
When the Biden administration took office, one of its first actions was to order a series of updates to the federal rulemaking process, all under…
Forbes
Why The ‘Social Cost Of Carbon’ Can Not Be Used In Cost-Benefit Analysis
The social cost of carbon (SCC) quantifies the economic damage associated with emitting a ton of carbon dioxide into the atmosphere. Regulatory impact analyses from…
Blog
The lethal impact of rising energy prices
Many of us are all too familiar with the grimace we make when we open our monthly utility bills. The soaring cost of energy is…
Forbes
How Regulating AI Could Empower Bad Actors
A bipartisan group of legislators in the House of Representatives has introduced a bill to establish a national commission on Artificial Intelligence regulation.
Forbes
Virginia’s New Permitting Portal Is A Model For Other States
Our nation’s system of environmental permitting is broken, putting both economic growth and the clean energy transition at risk. So it’s a relief that permitting…
Comment
Comments to the Office of Management and Budget on the proposed draft update to Circular A-4: Regulatory Analysis
The Competitive Enterprise Institute (CEI) is a non-profit public interest organization committed to advancing the principles of free markets and limited government. CEI has a…
Forbes
Biden’s ‘Evil’ Modernizing Regulation Update
Peter Thiel, the Silicon Valley tech tycoon, has a fond aphorism he employs that he apparently borrowed from the late conservative journalist M.
Blog
Debt deal’s PAYGO law won’t pay out. Here’s how to fix it.
In an effort to curb excessive government spending, a provision known as statutory administrative PAYGO (Pay-As-You-Go) has been introduced in the debt ceiling deal struck…
The Hill
Don’t give federal agencies carte blanche on regulations — make Congress vote
The Limit, Save, Grow Act, recently passed by the Republican House of Representatives, would raise the nation’s borrowing limit through March 31 of next year or…
Forbes
Why The Existential Threat Of AI May Be Overblown
In response to OpenAI CEO Sam Altman’s recent Congressional testimony, a heightened national conversation is taking place surrounding the potential existential risks stemming from artificial…
Forbes
What’s Inside The House GOP Effort To Roll Back Support For Renewables In Exchange For Raising The Debt Limit?
The Republican Party in the House of Representatives, led by Speaker Kevin McCarthy, recently passed legislation aimed at raising the nation’s debt limit. The bill…
Forbes
Regional Innovation Hubs: Engines Of Economic Dynamism Or Wolves In Sheep’s Clothing?
Regional innovation hubs are one of the latest trends in American industrial policy. On the surface, they sound like a plausible way for the government…
News Release
Economist James Broughel joins Competitive Enterprise Institute as senior fellow
The Competitive Enterprise Institute is pleased to welcome economist James Broughel as a Senior Fellow with a focus on innovation and dynamism. Dr. Broughel…