The United States plans to use next week’s G20 innovation ministers’ meeting to promote its light-touch approach to artificial intelligence regulation to a wider group of countries. Elon Musk, David Sacks, OpenAI CEO Sam Altman, and Nvidia CEO Jensen Huang are all set to appear during the event, which is scheduled for Sept. 1-2 in North Carolina.
According to Bloomberg, Musk and Sacks will speak virtually on the first day, while Altman and Huang are slated for the second day. More than 20 countries are expected to send technology and trade officials.
At the center of the US push is a non-binding framework called the Carolina Principles. The proposal argues against creating a new AI-specific regulator and instead favors using existing sector regulators. It also calls for governments and companies to test emerging technologies such as AI together.
If G20 members reach agreement, the principles would be included in a joint statement and then sent to the G20 leaders’ summit in December for discussion. The report says the approach largely mirrors the Trump administration’s domestic AI policy. In March, the White House said it would not create a new federal AI rulemaking body and would rely on existing regulators and industry standards while seeking to reduce rules that could slow AI deployment.
The United States is preparing to use next week’s G20 innovation ministers’ meeting to push its light-touch approach to AI regulation to more countries. Elon Musk, David Sacks, Sam Altman and Jensen Huang are all expected to take part.
The meeting is scheduled for Sept. 1-2 in North Carolina. Technology and trade officials from more than 20 countries will attend. Bloomberg reported that Musk and Sacks will speak virtually on the first day, while Altman and Huang are set to appear on the second day.
The framework Washington wants to advance
The US wants G20 members to accept a looser technology regulatory model. Under that approach, governments would avoid setting up a new regulator dedicated to AI and would instead rely as much as possible on existing sector regulators. It also calls for governments and companies to test new technologies such as AI together.
The framework, called the Carolina Principles, is not legally binding. If member states reach consensus, the principles would be written into a joint statement and then forwarded to the G20 leaders’ summit in December for discussion.
An international version of its domestic AI policy
The report says the approach is close to being an international version of the Trump administration’s domestic AI policy. In March, the White House said it would not create a new federal body to write AI rules. Instead, oversight would remain with existing sector regulators and industry standards bodies, while policy would aim to reduce regulation that could hinder AI deployment. The US is now preparing to promote the same model within the G20.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.