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

Google DeepMind CEO Demis Hassabis proposed an independent standards body to regulate frontier AI models. Modeled after FINRA, this body would test models, develop best practices, and address vulnerabilities. Initially voluntary, compliance could become mandatory for US deployment. This industry-funded, independently operated organization aims to provide technical expertise and support innovation while ensuring responsible AI development, addressing criticisms of current ad hoc reviews. The proposal seeks to navigate the controversial landscape of AI regulation by establishing a self-regulatory framework.