Luis Videgaray, a professor at MIT and director of the MIT AI Policy for the World Project, discusses the intricate challenges of AI governance worldwide. He shares insights from his government experience in finance and foreign affairs, exploring the evolution of AI policy and how different countries are adapting. Videgaray emphasizes the importance of international collaboration to address safety concerns and contemplates the geopolitical dynamics between AI 'makers' and 'takers.' He also highlights the need for developing nations to gain control over AI technology.