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DeepMind CEO calls for an independent standards body to regulate frontier AI

TechCrunch AI
QUICK SUMMARY

Google DeepMind CEO Demis Hassabis proposed an independent standards body, modeled on the finance industry's self-regulatory organization FINRA, to test frontier AI models and develop best practices for their release.

DETAILED EXPLANATION

Google DeepMind CEO Demis Hassabis proposed an independent standards body, modeled on the finance industry's self-regulatory organization FINRA, to test frontier AI models and develop best practices for their release. He called for the US to spearhead the effort and said urgent action is needed as AI capabilities continue to advance.