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    "original_url": "https:\/\/www.chathamhouse.org\/publications\/the-world-today\/2026-09\/we-are-moment-peril-ai-sooner-it-regulated-better?utm_source=cnn_Global+Briefing&utm_medium=email",
    "parsed_content": "\u2018We are at a moment of peril with AI ... The sooner [it is regulated], the better\u2019 \n \n \n \n Sebastian Mallaby, the author of a recent book on Google DeepMind, tells Mike Higgins about the urgent need for regulation, why Europe will have to follow the United States\u2019 lead and the way to talk to China about the technology\u2019s safety issues. Listen also to the full podcast of their conversation.\n \n \n \n \n The World Today\n \n \n \n \n Published 14 September 2026\n \u2014 6 minute READ\n \n \n \n \n \n \n \n \n Image \u2014 Illustration: Alexander Ecob.\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n content continued\n \n \n \n \n \n \n \n \n \n We have to be prepared for an economy that functions very differently.\n \n \n \nWhen some people get displaced and others get paid less, where are governments going to get their revenue? And this at a time when they need more revenue because they are going to want to redistribute money to those people who have lost jobs and need help. We need to think quite radically about how you collect taxes and our assumptions around policies like universal basic income. Another idea I like is wage insurance. You lose your job and you find a new job, but the pay is only half of the old job. Wage insurance would mean the government tops that up, so instead of having a 50 per cent wage cut, you have a 20 per cent wage cut.Maybe then you take that job, you don\u2019t fall out of the workforce and don\u2019t de-skill. That\u2019s helpful for a bit, so you can smooth the transition. Shifting the tax burden from labour to capital makes sense, as does being more creative about how we support people who make less money from their work.Those potentially huge economic effects come with political consequences. How should governments consider the balance between the potential benefits from AI and the disruptions?It\u2019s a big mistake for governments to say, we\u2019re going to discourage companies from using AI to displace workers. You\u2019ve got to deregulate labour markets and allow managers of companies freedom to choose how to incorporate AI. That\u2019s the only way to figure out how it can be made most productive. Otherwise, you\u2019re going to be left behind.Another area of contention is data centres and their power sources. To me, it\u2019s essential for any advanced economy to be very pro data centre and pro new sources of power, preferably green. The best thing that Europe, including Britain, can do is to build lots of data centres with the necessary power sources so it can\u2019t be pushed around by the Americans. Because if you are operating AI on your own soil, you control it.Sebastian Mallaby\u2019s latest book, \u2018The Infinity Machine: Demis Hassabis, DeepMind, and the Quest for Superintelligence\u2019 (Allen Lane), is available now.The transcript of this interview has been edited for clarity and length. The podcast \u2018AI: The New Great Game?\u2019 is also available on Spotify and Apple.To read more from the autumn issue of The World Today click here",
    "published_at": "2026-09-14T12:00:00+00:00",
    "author_name": "Sebastian Mallaby, Mike Higgins",
    "site_name": "The World Today",
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    "publisher": "Chatham House",
    "ai_headline": "\u2018We are at a moment of peril with AI ... The sooner [it is regulated], the better\u2019",
    "ai_simplified_title": "Sebastian Mallaby Discusses AI Regulation and Economic Impact",
    "ai_excerpt": "Sebastian Mallaby discusses the urgent need for AI regulation, the economic consequences of AI, and the importance of data centers. He emphasizes the need for governments to adapt to an AI-driven economy.",
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