Abstract:Generative Artificial Intelligence (AI) has seen mainstream adoption lately, especially in the form of consumer-facing, open-ended, text and image generating models. However, the use of such systems raises significant ethical and safety concerns, including privacy violations, misinformation and intellectual property theft. The potential for generative AI to displace human creativity and livelihoods has also been under intense scrutiny. To mitigate these risks, there is an urgent need of policies and regulations responsible and ethical development in the field of generative AI. Existing and proposed centralized regulations by governments to rein in AI face criticisms such as not having sufficient clarity or uniformity, lack of interoperability across lines of jurisdictions, restricting innovation, and hindering free market competition. Decentralized protections via crowdsourced safety tools and mechanisms are a potential alternative. However, they have clear deficiencies in terms of lack of adequacy of oversight and difficulty of enforcement of ethical and safety standards, and are thus not enough by themselves as a regulation mechanism. We propose a marriage of these two strategies via a framework we call Dual Governance. This framework proposes a cooperative synergy between centralized government regulations in a U.S. specific context and safety mechanisms developed by the community to protect stakeholders from the harms of generative AI. By implementing the Dual Governance framework, we posit that innovation and creativity can be promoted while ensuring safe and ethical deployment of generative AI.