I just haven't seen any talk of legislation that wouldn't harm the small players and us, the consumers.
I'd like to see legislation so the windfall profits from AI (and our economy in general) is shared more equally. Stifling AI directly is just bad news imo.
Google literally considers itself an ad company. They have a huge framework meant to profit off of ads shown on other products and platforms. They sell data as a service to better target consumers for advertisement. It's not comparable to a tv channel.