Nick Clegg, Meta's Global President, suggests a combination of existing and new laws to effectively regulate AI. While some current statutes may apply, AI's unique challenges demand fresh legislation. Clegg emphasizes the importance of international collaboration in this endeavour, as AI transcends borders and companies. He hopes that the development of new laws will involve a global effort to responsibly address the vast potential and impact of AI. Clegg's insights shed light on the complex task of regulating AI and the need for a coordinated approach to shaping its future.