AI Reports · GovAI (Oxford) · 2026-10-17 · Research paper
AI Regulation Regulatory Supervision of Frontier AI Developers March 2025 Research Paper Peter Wills Artificial Intelligence (AI) systems have the potential to cause, directly or indirectly, immense h
AI systems could cause immense harm but also greatly improve human welfare, so the regulatory challenge is to enable innovation while avoiding risks. The paper argues that regulatory supervision, where officials have information-gathering powers and significant discretion, should be used only where no other approach can achieve the regulatory objective. It concludes that supervision is warranted for frontier AI developers such as OpenAI, Anthropic, Google DeepMind and Meta, because no other form of regulation can achieve good AI policy.