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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Politics

Politics

The first G7 summit on AI regulation will take place next week.

General view shows the G7, Partner Countries and Ukraine meeting as a part of the G7 leaders' s... General view shows the G7, Partner Countries and Ukraine meeting as a part of the G7 leaders' summit in Hiroshima, western Japan May 21, 2023, in this handout photo released by Ministry of Foreign Affairs of Japan. Ministry of Foreign Affairs of Japan/HANDOUT via REUTERS
General view shows the G7, Partner Countries and Ukraine meeting as a part of the G7 leaders' s... General view shows the G7, Partner Countries and Ukraine meeting as a part of the G7 leaders' summit in Hiroshima, western Japan May 21, 2023, in this handout photo released by Ministry of Foreign Affairs of Japan. Ministry of Foreign Affairs of Japan/HANDOUT via REUTERS

The first G7 summit on AI regulation will take place next week. Japan announced Friday that G7 officials would meet next week to discuss generative AI tools like ChatGPT.

Last week, G7 leaders from the US, EU, and Japan agreed to launch the “Hiroshima AI process” to discuss fast-growing AI tools.

Japan’s communications minister, Takeaki Matsumoto, said the first working-level G7 AI meeting would discuss intellectual property protection, disinformation, and technological governance on May 30.
The discussion comes as industry regulators worldwide assess popular AI services like ChatGPT by Microsoft-backed (MSFT.O) OpenAI.

The EU is nearing the world’s first major AI law, prompting other nations to adopt AI tool regulations.

Matsumoto said Japan, as G7 chair this year, “will lead the G7 discussion on responsive use of the generative AI technology,” the forum aimed to provide recommendations for heads of state by year’s end.

Leaders also asked for international technical standards to make AI “trustworthy” and “in line with our shared democratic values” at the Hiroshima G7 summit last week.

Matsumoto told a regular press briefing that the G7 AI working group would consult with the OECD.


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