Hasan Piker believes that regulation of social media platforms is necessary but remains uncertain about the optimal strategy for implementing such controls.

“I think that in this circumstance like regulation is a must but I don't know what the best way to do it is I don't know what the best strategy going forward should be”

Tech companies should be held accountable for illegal activity on their platforms, similar to how bars can lose their liquor licenses for failing to prevent illegal acts.

“When a bar that serves alcohol has too many reports of disorderly conduct, they can get their liquor license revoked. Or if a bar doesn't prevent illegal activities going on inside it, they can also have their license revoked. But there isn't any clear rule like that with social media apps apparentl”

There is a need for government intervention and regulation of the algorithms that govern social media platforms.

“I also think there's going to have to be government intervention and regulation on the algorithms around these platforms”

Effective regulation of global technology platforms requires coordinated action between the United States and the European Union.

“so the only hope would be to get the US government and the European Union to do it together yeah that would be the only scale at which you'd have any hope of being able to regulate that”

Technology companies like Meta should be subject to laws and regulations because they hold significant power and influence.

“one of the things I feel I sort of help change more generally is just to accept that of course the power of these Technologies need to be framed by laws and regulations”

An SRO approach for AI is preferable to creating a new federal regulatory agency that could stifle innovation and lose the AI race to China.

“I would much rather go for Demis' SRO for AI, the self-regulatory approach. But we really have to keep it honest and pure because again otherwise it'll just be the opening bid in a coming new wave of regulation and it will be the vehicle for massive regulatory capture.”

The AI industry should implement a system of self-certification where industry players agree on testing standards to avoid direct government regulation.

“The industry should have an industry certification like they do for countless other things. I've talked about the MPAA and the video game industry. We should just self-certify. It's the simplest thing in the world to do. And then we could release the models ourselves without the government getting i”

Establishing a self-governing body for AI is essential to prevent large actors from using capital to influence regulation and pull the ladder up on competition.

“I think it's really important and I hope it happens quickly. The thing we have to keep in mind is there's going to be a torrent of money that's going to try to influence both sides of the political aisle to regulate this in a way that creates some form of regulatory capture.”

The AI industry should adopt a self-regulatory organization (SRO) model similar to FINRA, which allows industry experts to set standards while maintaining federal oversight but not direct control.

“So the SRO concept would be that experts could be brought in from industry that know how to assess models for things like cyber risk, for things like biorisk, for things like weapons risk, social manipulation, etc., etc. that independent body can get voted on, can get changed over time”