Open Global Investment as a Governance Model for Transformative AI

How should we govern transformative AI? In this essay, Nick Bostrom argues that an open global investment (OGI) approach—private ventures open to international shareholding and operating within a government‑defined framework—offers advantages over blueprints like the Manhattan Project, CERN, or Intelsat, especially on short timelines. While no model is perfect, OGI appears more inclusive, incentive‑compatible, and practical, and is compatible with further international agreements where feasible.