Miles Brundage breaks down the competing FINRA-for-AI proposals from Demis Hassabis and Treasury Secretary Scott Bessent: "There's a growing consensus among people in industry and government that total pure laissez-faire, no government involvement, probably not going to work, but also the government maybe got a bit in over its head slapping export controls on lots of things, with there not being a super clear structure around those decisions." "Demis draws heavily on this FINRA analogy, and it seems like Secretary Bessent did as well. It makes sense to look there because it has this property where you're drawing on external expertise." "You're not relying on government hiring processes, which can go very slowly. There can be a salary cap that's too low to attract talent from the AI sector." "That's not to say we shouldn't also be building up government capacity. I would love to see the Center for AI Standards and Innovation grow a lot, have a bigger budget, have exceptions on how high their salaries can be." "It's always going to be harder to hire for one government agency than an organization that's more flexible, and maybe more protected from politicization." @Miles_Brundage @AVERIorg