Not parent, just giving my opinion. The perception of what it may become is causing pressure to change wide reaching laws and legal practice.
A) Copyright. The AI companies are blatantly disregarding practically everyones copyright when they train on all the data they can find online. The rights holders have not given them permission to do so.
B) Privacy. Companies are just taking all the data of their customers and using for training. This is directly in opposition with GDPR, recently established in the Eurozone. Companies, notably Meta, are arguing - oh but AI is so important, that we do not have to ask for users consent.
C) Compute/algorithms. Regulations on "AI" itself. With several actors, notably OpenAI/Altman saying it is so dangerous that only corporations like them can do it responsibly, aiming to do regulatory capture which benefits them.
Large forces from the biggest companies in the world are attempting to change the legal landscape, and manipulate the perception of politicians and the public to ensure sufficient support to get the changes through.