Frontier AI companies within democratic countries coordinate to establish common safety standards as well as limits on the rate of unchecked AI progress.
Utilitarian Lens: The purpose of safety regulations in general is to efficiently manage and prevent hazards and/or risks, and in turn, any resulting incidents. The purpose of setting restrictions in this scenario is to more easily keep track of and manage progress, and the frequency at which it is occurring. Preventing any significant losses (for instance, inefficient time and/or resource usage), that could potentially occur due to a lack of awareness. In the process of decision-making, regulations can also be beneficial in determining which decisions would result in the best possible outcome for a business.