BlockBeats News, July 14th, according to AXIOS, Google DeepMind co-founder and CEO Demis Hassabis called for the U.S. to establish a new AI regulatory agency. The agency would have the authority to review the world's most advanced AI models and coordinate industry-wide slowing of development in case of escalating risks.

Hassabis stated that it is time to take a more "systemic" approach to AI regulation—a body funded by the industry, consisting of top-tier technologists, and accountable to the U.S. government. He mentioned that the cybersecurity risks posed by AI currently are just a "warning signal."

He warned that in the next 18 months, these capabilities, along with more severe biological and nuclear security risks, could emerge in open-source models beyond the control of any government. He particularly emphasized that the risk is not only from open-source models but will also come from more powerful proprietary models to be released by major AI labs in the future.

It is reported that Hassabis has been quietly advocating for this plan for months, having communicated with the Trump administration, other AI lab leaders, and European officials before the public announcement, noting that the feedback "has been very positive."