Notes

Artificial Intelligence regulation appears to be more supervision and self-regulation than traditional regulation. A paper published at ssrn.com by Peter Wills (last revised on September 30, 2026) explains. The abstract... Frontier AI systems have the potential to cause, directly or indirectly, immense harm. They also may improve human welfare. Currently, frontier AI systems are developed and controlled by large, increasingly powerful corporations: the Googles, OpenAIs, Anthropics, and Metas of the world.  The regulatory challenge is to prevent the harms while enabling the benefits. Many of the tools in the regulatory toolbox are ill-suited to achieving this Goldilocks ambition. They are either so blunt that they would prevent both the harms and the benefits or are incapable of stopping the harms.  The solution is to supervise the companies that develop and control such frontier AI systems. Supervision emerged from the complex environment of financial regulation, but it has si...