Yes, I think the first thing I would say is about the idea that regulation kills innovation. I think there's a lot of evidence that shows the contrary, or at least shows that it's a far more complicated question than that.
I think in the EU AI Act context, some of the things that are prohibited are things like active subliminal or manipulative kinds of AI, biometric categorization by race, things that I think we mostly can agree are probably unacceptable. The fact that companies are saying that the burden is too high is a little concerning, because either they're developing tools that want to do these things or they're just trying to open up space to be able to do whatever they want.
In terms of pros and cons, I think in Canada in some ways we're behind the United States and other leading countries in terms of commercializing AI in the leading companies. We still have probably the best or one of the best research environments for AI and other sciences in general. I would say we can lead in many ways. I think a great pro of thinking about the right kind of regulation is that we could lead on developing the kind of AI that people actually want to use, the safe, useful AI that can be used across all different areas in very specific domains or more generally. I think that's a huge pro to any kind of regulation.