The UN's Independent International Scientific Panel on AI has released a preliminary report warning that the window to establish effective global AI governance is closing. The US controls ~75% of leading AI compute, China ~15%, giving two countries 90% of the compute powering frontier models. The panel highlights an 'evidence dilemma' where policy lags behind rapid technological progress, with AI task complexity doubling every few months. Risks flagged include deepfakes, disinformation, cyberattacks, environmental costs, and exclusion of poorer nations. Despite over 40 existing AI governance frameworks, they remain fragmented and largely untested. The panel calls for independent evaluation, international cooperation, and common standards, feeding into the UN Global Dialogue on AI Governance opening in Geneva on July 6.
