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6. Socioeconomic and Environmental3 - Other

Faster scientific progress makes it harder for governance to keep pace with development

Exacerbating these problems is that faster scientific progress would make it even harder for governance to keep pace with the deployment of new technologies. When these technologies are especially powerful or dangerous, such as those discussed above, insufficient governance can magnify their harms.8 This is known as the pacing problem, and it is an issue that technology governance already faces [47], for a variety of reasons

Source: MIT AI Risk Repositorymit889

ENTITY

3 - Other

INTENT

2 - Unintentional

TIMING

3 - Other

Risk ID

mit889

Domain lineage

6. Socioeconomic and Environmental

262 mapped risks

6.5 > Governance failure

Mitigation strategy

1. Implement robust **Technology Foresight** and **Anticipatory Governance** mechanisms to proactively identify, assess, and establish preliminary guardrails for emerging technologies before their widespread market penetration. 2. Transition to **Adaptive and Iterative Regulation**, employing **Outcome-based** and **Principle-based** frameworks to ensure the regulatory system remains resilient and relevant against the continuous and rapid evolution of technology. 3. Foster **Multi-Stakeholder Collaborative/Co-regulation** and integrate **Soft Law Mechanisms** (e.g., voluntary standards, codes of practice) to leverage industry expertise and rapidly deploy flexible, non-prescriptive governance instruments that complement formal legal structures.