As the rules-based order of American hegemony has begun to decline, competing financial and political institutions have grown to challenge organizations like the World Bank Group and IMF. Brazil, Russia, India, China, and South Africa (BRICS) began this endeavor in the late 2000s, and now with a growing following of developing countries they are poised to take advantage of a multipolar order. We will debate the remarkable decline in global democracies and the future of AI regulation through the lens of BRICS, two prevalent issues for our age positioned in the context of the developing world.