Should be federal, or in at least 75% of the states & territories (by population).
The word significant is vague, and I am keen to clarify. I won't bet on this market.
Similar market for potential arbitrage: https://manifold.markets/Ryannn/will-australia-announce-the-establi?r=TWFk
@Nat it would depend on the nature of the institute. For example, an institute that would later propose legislation is an obvious NO. An institute that approves every single AI thing on a case by case basis is an obvious YES.
I intend it to be on at least the same level as that US executive order from last year.
@AndrewDonnellan as per the description, if 75% of states/territories implement it. That said the 75% is based on vibes, maybe I mean more like 75% of the population is covered. I have added (by population) to the description.
If NSW, VIC, and two other states implement something along the same lines as the US executive order or the EU legislation I'd be inclined to resolve YES.