Regulatory Markets: the Future of AI Governance
Most AI governance proposals land in one of two failure modes: command-and-control regulation that can't keep pace with the technology, or heavy delegation to industry that leaves values-based decisions in private hands. In a 2023 paper, Gillian Hadfield and Jack Clark propose a third path: regulatory markets, where governments license private regulators and require AI companies to purchase regulatory services from them.
Kathrin Gardhouse will walk us through the paper's core argument and what it would actually mean in practice: how regulatory markets differ from existing approaches, what problems they solve, and what they might get wrong.
Event Schedule
6:00 to 6:30 - Food and introductions
6:30 to 7:30 - Presentation and Q&A
7:30 to 9:00 - Open Discussions
If you can't attend in person, join our live stream starting at 6:30 pm via this link.