Big Tech wants AI regulation. The rest of Silicon Valley is skeptical.

"We are still in the very early days of generative AI, and it's imperative that governments don't preemptively anoint winners and shut down competition through the adoption of onerous regulations only the largest firms can satisfy," said Garry Tan, the head of Y Combinator, a San Francisco-based start-up incubator that helped nurture companies including Airbnb and DoorDash when they were just starting. The current discussion hasn't incorporated the voices of smaller companies enough, Tan said, which he believes is key to fostering competition and engineering the safest ways to harness AI.