That is worrying as that spending is constrained to a small sector that concentrates and solidifies a lot of wealth with diluted "trickle down" effects. If/when the AI industry corrects there will be a significant impact on the US economy & stock market, which I think will have a bigger negative effect on the "person in the street" than any possible positive effect from the current high spending on AI technology.
[1] https://fortune.com/2025/08/06/data-center-artificial-intell...
It requires everyone to upload either ID and/or high quality photos & videos of themselves to a random company. Not just one company one whomever a website chooses for age verification, which can include doing it themselves. This creates multiple massive treasure troves of IDs that will attract hacking attempts (for example the Tea app breach). It creates opportunity for blackmail from this data (for example the Ashley Madison breach but much worse). For those age verification services that require a photo/video, that creates a resource for deep fakes. Plus any 15 year old boy worthy of their digital device will be able to get around age verification using fake id/photos or a VPN, whilst a less savvy adult trying to access information about quitting drinking or drug abuse will face a barrier.
And this is for ANY website that has a very broad range of content that the OSA mandates age verification for. It's easier for a website to err on the side of caution and just block the UK. That especially includes websites that have zero reporting back to Meta/Google/etc... for usual marketing profiling. If anything it pushes more people into the limited, monitored and advertising driven Meta/Google web.