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AI leaders call for external governance, citing financial sector model

Leading AI companies like Anthropic and OpenAI acknowledge they cannot self-regulate their powerful technologies, highlighting the need for external governance. The current internal approaches to AI safety are insufficient due to competitive pressures and the global nature of AI development. A proposed solution draws inspiration from the financial sector's FATF framework, suggesting a multi-stakeholder approach combining shared norms, outcome-based assessments, and distributed accountability across governments and private entities to manage AI risks effectively. AI

IMPACT Proposes a new multi-stakeholder governance model for AI, drawing parallels with financial regulation, to address collective action failures in AI safety.

RANK_REASON Opinion piece by a named individual with relevant expertise, proposing a governance model.

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AI leaders call for external governance, citing financial sector model

COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Shlomit Wagman ·

    I helped design the system that brought down ISIS financing. I’ve got an AI governance idea the Pope and Anthropic would both like

    A Harvard fellow and former financial intelligence chief argues the right model for AI governance isn't nuclear arms control — it's the global framework that brought down ISIS financing.