Isn't this a little like trying to govern international trade?
I'd say so, yes, and it remains to be seen what ultimately comes of the whole governance thing - I'm as allergic to that word and worse, it's application, as the next Bitcoiner. But, like the author, I would be optimistic depending on who goes on the committee and what they ultimately focus on.
Whenever I'm outside of nation states (and EU) then the main observation I have is how dependent the people (not even the businesses) have become of (a) big tech, and (b) overseas regulated environments where another power (most often either the US or the EU) dictates details of people's lives way out of their jurisdiction, simply because they have so much power. So you're bound to Facebook for your news, your local money is dominated by rules from correspondent banks in either the US, UK or EU, and yes, your phone has that OpenAI app for "knowledge".
I think that it is good that these jurisdictions could have an opportunity to unite, but we'll have to see if that materializes, of course. There's a high chance that any UN effort turns into an US/EU party and that is ultimately bad for local populations, because the corporations that will then capture the opportunities will per definition focus on what's good for them first, and then their respective jurisdictions, and maybe, just maybe, will they think about the interests of the hundreds of millions of people that are overseas to them, that have similar if not greater needs.
If there's just going to be negative incentives then of course it won't work out, I agree.
governance
thing - I'm as allergic to that word and worse, it's application, as the next Bitcoiner. But, like the author, I would be optimistic depending on who goes on the committee and what they ultimately focus on.