cautiously optimistic at least there isn't anything in there limiting R&D! Even some of the more vocal supporters of regulating production deployment like yann lecun was still highly against limits on R&D
i am far less certain about the net benefit of having government agencies setting standards for red team testing, which i can see becoming as onerous GDPR has been for startups. imagine the kind of straitjacket startups would have on if fine tuning is somehow gets lumped into this requirement.