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The rapid commercialization of generative AI (GenAI) poses multiple large-scale risks to individuals, society, and the planet that require a rapid, internationally coordinated response to mitigate. PROBLEM GENERATIVE ARTIFICIAL INTELLIGENCE¾ The absence of comprehensive and coherent guidelines for the development and deployment of GenAI systems, and their consequent proliferation, creates massive individual, societal, and socioeconomic risks.¾ Swift and proportionate policy action is needed, at national and international levels, 1 to meet the challenges posed by the expanding scale and scope of GenAI-related risks.¾ Wide disparities in the economic influence of GenAI system stakeholders have the potential, if not fully addressed by policy, to amplify inequality and thwart innovation and competition.
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