Countries are building AI regulators before they have AI to regulate. Is this a trap?

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Summary

The article argues that Spain's creation of a national AI regulator is causing top AI talent to prefer stable government jobs over high-risk startups, potentially hindering the country's innovation ecosystem.

Spain just launched a national AI supervision agency (AESIA). Meanwhile, the country's best AI PhDs are choosing government jobs over startups because the incentive structure makes it the rational call: lifetime stability vs. full financial risk, no safety net. The result: we're training world-class AI talent to become inspectors of what others build. This isn't just a Spain problem. It's a structural pattern. When your best technical minds optimize for job security over risk-taking, you don't get an AI ecosystem — you get a compliance industry. The countries winning the AI race aren't the ones with the best regulators. They're the ones where it makes economic sense to be a builder. Is regulation-first a strategic mistake, or am I missing something?
Original Article

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