Nuclear power plant operators carry mutual insurance, meaning they're effectively on the hook for one another and have an incentive to police each other's safety. AIUC CEO @​RuneKvist argues AI labs could adopt a similar model. "How do you deal with the fact that there are very few [insurable] events? How do you deal with all the uncertainty? There's a bunch of tooling you can pull from. You won't get super precise answers, just like you wouldn't for the very first nuclear power plant." "That's another reason why you want to use the existing labs' own balance sheets, because they already have exposure." "It's going to take a while until AIG would put up $10T here. But the labs already have their full market cap on the line." "So can you take that and put it into an insurer so you get the benefits of a formal watchdog who has an incentive to bring the risk down and tell the truth about what's actually going on, and have the quantitative tools, but you don't have to stand up $10T of balance sheet overnight." "I think that's the most promising way to get started in the spirit of how nuclear is governed by the market today." ▻