I hope governments will finally take action.
What law would effectively reduce risk from AGI? The EU passed a law that is entirely about reducing AI risk and people in the technology world almost universally considered it a bad law. Why would other countries do better? How could they do better?
Besides regulating the technology, they could try to protect people and society from the effects of the technology. UBI for example could be an attempt to protect people from the effects of mass unemployment, as i understood it.
Actually i'm afraid even more fundamental shifts are necessary.