India, July 15 -- In what is the clearest outline of a vision for Artificial General Intelligence (AGI) yet, Sir Demis Hassabis, Nobel Laureate as well as Co-Founder & CEO at Google DeepMind believes the technology is close, transformative, and too important to leave to market forces alone. The imminence and perceived civilisational significance, which he believes will "prove to be one of the most beneficial and transformative technologies ever invented", is the reason Hassabis proposes a highly specific regulatory framework.

"At the moment, we are locked in an extremely intense, multilayered commercial and geopolitical race. While these competitive dynamics fuel rapid progress and accelerate the incredible upsides, advances on the front...