DeepMind's Hassabis: AGI will be 10x bigger than the Industrial Revolution, proposes AI watchdog

Nobel winner and DeepMind founder Demis Hassabis says AGI could arrive in a few years, with 10 times the impact and speed of the Industrial Revolution. He believes AGI will speed up drug discovery, clean energy breakthroughs, and new materials, possibly making resource scarcity a thing of the past. But he warns AI is advancing faster than our understanding, posing risks like cybersecurity and biothreats. He suggests setting up a 'Frontier AI Standards Body' like FINRA, requiring labs to submit models for a 30-day review before release, and even coordinating a global slowdown if needed. Even after tech issues are solved, he says society must tackle big questions about economy, values, and human purpose in a post-scarcity world. Now is the critical window to shape AGI for everyone's benefit.