If you're a new business and you're trying to be an interstate, because nobody's going to do just AI for a certain state. AI is on the Internet. It goes across borders, it goes internationally like that. If you're a small business, especially you're a startup and you have a $2 million regulatory burden...you're never going to be competitive. figure out what states require what and what kind of regulations you have to uphold. And you have a whole department contributing to that regulation adherence. You're never going to be competitive. (16:47–17:05)
CLAIM
Asserts that small businesses face a $2 million regulatory burden due to varying state regulations, affecting competitiveness.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
