HomeTechnologyG7 Should Adopt "Risk-Based" AI Regulation, Ministers Suggest

G7 Should Adopt “Risk-Based” AI Regulation, Ministers Suggest

Digital ministers at the latest Group of Seven meeting on Sunday agreed that “risk-based” regulation of artificial intelligence technology should be adopted. This comes as European lawmakers look to pass an AI Act in order to govern emerging technologies such as ChatGPT from Open AI.

The ministers agreed that while a democratic approach should be used to ensure that the technology is given room to be developed, policy instruments need to be implemented in order to ensure that AI technologies are developed in a trustworthy and ethically responsible manner.

“The conclusions of this G7 meeting show that we are definitely not alone in this,” European Commission Executive Vice President Margrethe Vestager stated following the gathering. “We plan to convene future G7 discussions on generative AI which could include topics such as governance, how to safeguard intellectual property rights including copyright, promote transparency, address disinformation.”

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