G7 Nations Collaborate on Rules for Safer and Trustworthy AI
The Group of Seven (G7) countries today announced international guiding principles and a code of conduct for companies developing advanced artificial intelligence systems in a bid to address privacy concerns and the risk of misuse.
This code of conduct aims to make artificial intelligence (AI) safe and trustworthy globally, addressing concerns about privacy and security. G7 leaders, including Canada, France, Germany, Italy, Japan, the UK, the US, and the European Union, began this process in May, known as the “Hiroshima AI process.”
The European Commission said in a statement, “The Commission welcomes today’s agreement by G7 leaders on International Guiding Principles on Artificial Intelligence (AI) and a voluntary Code of Conduct for AI developers under the Hiroshima AI process. These principles and the voluntary Code of Conduct will complement, at the international level, the legally binding rules that the EU co-legislators are currently finalising under the EU AI Act.”
The European Union has been strict in regulating AI with its AI Act. In contrast, Japan, the US, and some Southeast Asian countries have taken a more hands-off approach to promoting economic growth.
Companies are encouraged to be careful throughout the life of AI, finding and fixing problems and dealing with misuse after their AI is in use. They should also share public reports on what their AI can and can’t do and invest in strong security.