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

The first G7 summit on AI regulation will take place next week. (Photo / Retrieved from Pixabay)
The first G7 summit on AI regulation will take place next week. (Photo / Retrieved from Pixabay)

According to G7 officials to hold first meeting on AI regulation next week | Inquirer Business, Officials from the Group of Seven (G7) countries will gather the following week to discuss issues brought on by ChatGPT and other generative AI technologies.

Last week, leaders of the G7, which consists of the United States, the European Union, and Japan, decided to establish an intergovernmental conference called the Hiroshima AI process to discuss problems involving rapidly expanding AI technologies.

According to Japan's communications minister, Takeaki Matsumoto, the G7 will conduct the first working-level AI meeting on May 30 to discuss topics including intellectual property protection, fake news, and how the technology should be managed.

The discussion is taking place as tech regulators from around the world assess the impact of well-known AI services like ChatGPT by Microsoft-backed OpenAI.

Inspiring other countries to think about what regulations should be applied to AI technologies, the EU is getting close to passing the first significant AI law in the history of the globe.

According to Matsumoto, Japan would take the lead in the G7 debate on the responsive use of generative AI technology as it serves as the G7 chair for the current year. He also stated that the forum planned to provide recommendations for heads of state by the end of the year.

Leaders also advocated for the creation and adoption of international technological standards at the G7 meeting in Hiroshima last week in order to maintain AI reputable and consistent with our shared democratic principles.

Matsumoto stated during a routine news briefing that the G7 AI working committee will consult with the Organization for Economic Cooperation and Development.

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