The US government’s message at the G20 Innovation Ministerial is clear: Nothing should slow down AI innovation – not regulation, not power shortages, not even serious safety concerns.
The forum, hosted this week in Chapel Hill, North Carolina, brings together government leaders from the G20 countries, including India, China, Russia and many European nations, to discuss technological advancements and subsequent policy challenges. The theme this year is, unsurprisingly, generative AI.
Michael Kratsios, director of the Trump administration’s Office of Science and Technology Policy, said in his opening remarks that “slow policy adaptation makes it harder to capture the full benefits of innovation.”
“Often, in the US and elsewhere, regulations built for a different technological era prove poor fits for rapidly evolving, generally applicable inventions, creating uncertainty for developers and policymakers alike,” Kratsios said. “That leaves development efforts abandoned, growth unrealized and nations falling behind, as innovation continues elsewhere.”
The US is pushing for a framework it’s calling the Carolina Principles, a “pro-innovation framework” that aims to bolster AI research, form pathways to commercialization and create industry-led standards for emerging technologies. Global leaders will hear from the biggest names in AI throughout their discussions.
At the end of the week, any policy agreements reached will feed into the broader agreement that the global community signs at the G20 Leaders Summit in Miami this December.
AI regulation is an increasingly important issue as AI models become more capable and autonomous. This week’s summit offers insight into how the global community is approaching the issue – and where it is drawing lines in the sand for Big Tech.
Trump’s AI czar: No ‘DMV for AI’
It would be a “disaster” if the US adopted a version of the “FDA for AI,” said David Sacks, the Trump administration’s AI czar and co-chair of the president’s council on science and technology, on Tuesday. “Any regulatory agency that has to approve AI product releases will become like a DMV for AI, where new models get stuck in a long queue waiting for approval.”
AI is “just too dynamic and fast-moving for that type of approach,” Sacks said in a virtual appearance. “And I don’t think we want to hamstring our innovation that way.”
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