Design Safer AI Regulation

You are advising a government on how to regulate AI chatbots and other generative systems. Design a policy framework that reduces harm without stifling beneficial uses. Address privacy, misinformation, age-appropriate safeguards, transparency requirements, mandatory reporting, enforcement, and loopholes created by general-purpose online safety laws. Compare at least three regulatory approaches, explain where each works or fails, and propose a practical model that could be updated as AI changes.