Open, Participatory, Governable AI Markets

Turning the notion of inspectable, participatory, value-creating AI markets into functioning reality. We bring a political-economy lens to the technical architectures and mechanisms that shape who benefits from AI and how.

AI systems increasingly depend on the content, creativity, and data produced across the open web, yet the mechanisms for attributing, rewarding, and sustaining those inputs remain almost entirely absent. Without new incentives to produce on the open web, AI companies will stagnate. What is needed are new market institutions, technical standards, and economic mechanisms that ensure value circulates broadly rather than concentrating in a handful of closed systems.

Protocols & Architecture

Examining open, interoperable technical architectures—including building on the Model Context Protocol (MCP)—to support functioning markets across AI layers without locking value into closed systems.

View Research →

Mechanisms

Designing incentive mechanisms that align the interests of creators, platforms, and AI systems. Drawing on mechanism design theory to make attribution, compensation, and participation automatic and durable.

View Research →

Prototyping

Working with builders, platforms, and policymakers to shape the standards and tools that get actually adopted. Making market design infrastructure enforceable, inspectable, participatory, and governable.

View Research →

Convenings & Partnerships

Building shared technical standards and norms across communities. Bringing together economists, AI labs, platforms, builders, and policymakers who can design and implement change.

View Convenings →
The Big Picture

Why Protocols? What does this have to do with disclosures?

At the AI Disclosures Project, we see disclosures through the lens of networking protocols and standards. Every networking protocol can also be thought of as a system of disclosures—but these are far more than warning labels or mandated reports.

They are a form of structured communication that enables independent, decentralized action. The race for first-mover advantage by large centralized AI providers suggests a hub-and-spoke railroad design, while a world of open-weight AI models connected by new modes of standardized communication could look more like a road system, or today's World Wide Web.

If we want a world where everyone—not just AI model developers and those building on top of their centralized networks—is able to innovate and offer their work to others without paying a tax to access centralized networks, we need a system of disclosures that enables interoperability and discovery.

In this approach, protocols, as a type of disclosure, can architect healthier AI markets—not after things are already too far gone, but through operating as foundational "rules of the road" that enable interoperability.

"We need to stop thinking of disclosures as some kind of mandated transparency that acts as an inhibition to innovation. Instead, we should understand them as an enabler. The more control rests with systems whose ownership is limited, and whose behavior is self-interested and opaque, the more permission is required to innovate. The more we have built 'the rule of law' (i.e. standards) into our systems, the more distributed innovation can flourish."

— Tim O'Reilly

Read: "Disclosures. I do not think that word means what you think it means" → Read: "Protocols and Power" →

Why Disclosures?

You can't regulate what you don't understand. And right now, critical information about how AI systems work, what data they use, and how they make decisions remains hidden inside corporate black boxes.

Guard against AI's enshittification. Cory Doctorow's term captures how platforms start out serving users, then shift to serving business customers, and finally optimize for extracting value from both. Without transparency about operating metrics, we won't know when AI systems begin this transition—until it's too late.

Disclosures as a language of benchmarks. Just as accounting standards created a shared language for understanding business performance, we need disclosure frameworks that let us compare AI systems against meaningful benchmarks—not just capability metrics, but measures of fairness, safety, and alignment with user interests.

Disclosures shape market structure. The choice between open and closed disclosure regimes determines whether AI markets evolve like the open internet (where anyone can participate) or like railroads (controlled by a few gatekeepers). Disclosure standards, when designed well, become the protocols that enable competitive, innovative markets.

Read: "The Alignment Problem Is Not New" → Read: "Algorithms Start Out as Magic But..." → Read: "What Can AI Learn from Accounting?" →
Featured

Open Protocols Can Prevent AI Monopolies

Isobel Moure, Tim O'Reilly, and Ilan Strauss

AI Frontiers · July 30, 2025

Upcoming 2026

Major Convenings

Upcoming

Rockefeller Foundation, Bellagio Center, Italy

27 April – 1 May 2026
Rockefeller Foundation · 21 Leaders

June 26–28

FOO Camp

Lighthaven · Berkeley, CA

TBC 2026

Economists Convening

With Microsoft Research