Mustafa's DeepMind cofounder: don't regulate AI like FINRA, build regulatory markets

ghadfield · x · 2026-09-10

A Google DeepMind cofounder argues against a FINRA-style model for AI oversight, championing "regulatory markets": the idea he and Jack Clark proposed in 2019, now developed with Fathomorg as Independent Verification Organizations (IVOs), passed in California and forming the backbone of the FRONTIER Act. The vision is a robust ecosystem of METR-like evaluation orgs, licensed and overseen by governments but powered by private enterprise, because investment in AI evaluation and verification technology remains far too low.

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