RECENT NEWS
Google DeepMind CEO Demis Hassabis Meets Lawmakers in Washington to Propose FINRA-Style AI Watchdog
Google DeepMind CEO Demis Hassabis is meeting with U.S. lawmakers to propose an industry-funded, FINRA-style AI watchdog, aiming to create a self-regulatory body for artificial intelligence that sets global standards for AI safety and accountability. Demis Hassabis, CEO of Google DeepMind, is in Washington this week for a series of high-level meetings with U.S. lawmakers. The purpose of his visit is to advance a proposal for an industry-funded, FINRA-style AI watchdogs a self-regulatory body that could oversee the development and deployment of artificial intelligence in the United States and potentially set a global standard for AI governance. "We are at a pivotal moment in the development of artificial intelligence," Hassabis said in a statement ahead of the meetings. "The pace of innovation is accelerating, and we need a governance framework that is as dynamic and forward-looking as the technology itself. A self-regulatory body, modelled on FINRA, could provide the oversight and accountability the industry needs." The proposal comes amid growing calls for regulation of the AI sector, as governments around the world grapple with the implications of rapid advancements in genera...
