[D] What do y'all think about Biden's new AI regulation?

Would it stifle the opensource development and new AI startups and only benefit the established big tech companies? It's kinda vague and I couldn't understand in my first read but does the executive order lacks teeth? That is if the guideline is not followed closely can government do anything to opensource community or new startups?

limk to one of articles (no paywall) :
https://www.reuters.com/technology/white-house-unveils-wide-ranging-action-mitigate-ai-risks-2023-10-30/

ai regulation ai startups benefit biden big big tech companies companies development executive executive order government machinelearning new ai startups opensource regulation startups tech think