Representatives of the world’s major economies have agreed to adopt a U.S.-proposed framework for governing artificial intelligence and other emerging technologies, according to BlockBeats. U.S. Commerce Secretary Howard Lutnick said G20 members unanimously approved the framework, known as the Carolina Principles, on Wednesday, handing the Trump administration and Silicon Valley what he described as an important win. The principles call for sector-specific regulation rather than a single broad rulebook, and they say the cost of delaying deployment should be weighed when testing technologies such as AI. The framework also calls for stronger cooperation between governments and private companies in testing emerging technologies. White House technology policy adviser Michael Kratsios said the U.S. message to participants was straightforward: to support global economic growth and innovation. The principles are set to be submitted to G20 leaders for formal approval at the summit Trump will host in Doral, Florida, in December.
Representatives of the world’s major economies have agreed to adopt U.S.-proposed principles for governing artificial intelligence and other emerging technologies, according to BlockBeats.
U.S. Commerce Secretary Howard Lutnick said G20 member states unanimously approved the framework, known as the Carolina Principles, on Wednesday, giving the Trump administration and Silicon Valley an important victory.
Framework calls for sector-based rules and joint testing
The principles call on G20 countries to use differentiated regulatory approaches across industries. They also say that, when testing new technologies such as AI, policymakers should take into account the potential cost of delaying adoption, while expanding cooperation between governments and private companies in testing emerging technologies.
White House technology policy adviser Michael Kratsios said the U.S. message to participants was simple: Washington wants to support global economic growth and innovation.
Formal leader approval is planned for December
The principles will be submitted for formal approval by national leaders at the G20 summit that Trump is scheduled to host in Doral, Florida, in December.
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