Japanese, U.S. Biz Leaders Call for AI Governance Cooperation

Washington, Oct. 7 (Jiji Press)--Business titans from Japan and the United States penned a joint declaration on Wednesday, urging their respective governments to forge a unified approach to artificial intelligence regulation, taking into account the heightened risks and applications that accompany rapid advancements in AI technology. The statement emerged from a two-day summit organized by the Japan-U.S. Business Council and the U.S.-Japan Business Council in Washington, D.C.

The business leaders proposed that both nations bolster AI risk management by adhering to the Hiroshima AI Process, a blueprint for crafting global guidelines on AI governance crafted by the Group of Seven (G7) nations, with Japan at the helm. "We implore collaboration between our respective AI safety institutions...to prevent a fragmented playing field that could impede industry-led innovation," the statement emphasized.

In regard to bilateral investments between Japan and the United States, the declaration underscored the necessity for both governments to ensure policy transparency and predictability. This, the statement argued, would bolster resilient supply chains and sustainable economic expansion.