There is a lot at stake, and neither side is offering the correct solution. A.I. is poised to be the most transformative technology of our generation, perhaps of any generation, and we need to ensure the government and the private enterprises that develop these technologies have a constructive and mutually beneficial relationship consistent with American values. That can happen only if we use the mechanisms our country’s founders put in place to define the rules of the game, level the playing field and balance interests across the government and among individuals and businesses: through regulatory legislation passed by Congress.