US to urge hands-off AI regulation at G-20, official says
Leaders are convening at a key moment in the AI sector's development and the global debate over how to govern it, and as the US faces an increasing threat from China for AI supremacy.
The United States plans to advocate for a minimal regulatory framework for artificial intelligence during the upcoming G-20 summit, according to a White House official. This stance comes at a critical juncture in the rapid advancement of AI technology and the ongoing global discussion on how to govern it. The two-day event, hosted by US Commerce Secretary Howard Lutnick and White House tech advisor Michael Kratsios, will bring together industry leaders and commerce ministers to discuss the future of emerging technologies.
White House tech adviser Michael Kratsios will push for a growth-oriented approach to AI regulation, emphasizing the importance of fostering innovation without stifling progress. The recent warnings from the United Nations panel regarding the outpacing of scientific understanding and government policy in AI development have fueled concerns about the pace at which leading AI companies are monitoring their products.
The US will also be pushing for member countries to refrain from establishing new regulatory organizations to oversee AI development. This stance is aimed at maintaining the American tech ecosystem and preventing leading nations from seeking alternatives. Key figures expected to address the delegates include OpenAI CEO Sam Altman and Nvidia CEO Jensen Huang, with SpaceX CEO Elon Musk, Meta's CEO Dina Powell McCormick, and venture capitalist David Sacks joining virtually.
As this meeting is just one of several gatherings leading up to the G-20 leaders' summit in Miami in December, it is crucial for the US to ensure that other nations remain within the American tech ecosystem. Vivek Chilukuri, a technology and national security fellow at the Center for a New American Security, emphasized the urgency for the current administration to prevent Chinese open-weight AI models from gaining ground among US companies.
These models, which have become increasingly capable and pose potential security risks if the Chinese government decides to intervene, have put additional pressure on the US to maintain control over the AI landscape.
Written by urgent.news from Economic Times Tech's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
