> capable of wrecking the economy is a genuine problem

> model deletes the money in everyone’s bank account

If one were to actually believe this is the threat -- that open models pose an existential threat to human life (because that's what "wrecking the economy" means) -- then the response would be much more potent than mere "safeguards".

In that situation, the you'd have to: implement a secrets classification regime comparable to TS/SCI/SAP/Q; bring all computing manufacturers under strict controls on process and quotas, comparable to arms and pharma; implement a strict licensing regime and confiscate all computing with the capability to train or run models; implement strict controls on all hardware to enforce code execution; implement strict controls and licensure of all software development; and on and on and on.

Again, assuming the threat model you describe is plausible, any proposal less than this is just a regulatory capture grift.