METR's @ajeya_cotra says the best way to manage catastrophic AI risk is to set up a "sensible auditing regime that's technically literate," which involves auditors embedded in the frontier model providers. "You don't want a box-checking auditor that has like 17 arbitrary things you're supposed to do." "My best guess is that it's going to look like something that happens in the financial sector, where you have embedded auditors. Folks who are experts in finance, who sit and eat lunch with the…