CHAPEL HILL, North Carolina – The U.S. pressed G20 members on Tuesday to take a hands-off approach to artificial intelligence regulation and avoid creating rules for the technology, at a gathering of industry titans and commerce ministers in North Carolina. The U.S. goals largely align with the thinking of the world’s biggest AI companies, nearly all of which are American. They want less regulation around the world for their rapidly growing businesses, or to shape the rules as they are written.
Federal government requirements could hurt the industry’s profits if they slow the release of new models or prompt the companies to change how their products perform to address security concerns. U.S. tech adviser Michael Kratsios, who is co-hosting the two-day meeting, advocated for countries to adopt the “Carolina Principles.” Countries that signed on agreed to avoid writing entirely new regulations for AI, and instead focus on writing rules for “novel” situations involving the technology, he told the G20 officials in a speech on Tuesday morning.
Extract — continue reading at the source.