Google executive Kent Walker has called for industry-specific AI regulation, advocating a hub-and-spoke method for various sectors to manage technology independently. He dismissed the idea of a universal solution, comparing it to having a 'department of electricity'. Walker also expressed concern that premature or rigid regulations could stifle innovation. He favors collaborative research and the development of best practices over strict regulatory bodies. Google's shares traded lower by 0.38% at $138.45 premarket on the last check Friday.