The US will press G20 members to take a hands-off approach to AI regulation and avoid creating new rules for the technology, according to prepared remarks seen by Reuters, at a gathering of industry titans and commerce ministers that began yesterday in North Carolina.
US tech adviser Michael Kratsios, who is co-hosting the two-day meeting, will advocate for countries to adopt the ‘Carolina Principles,’ according to a copy of his prepared remarks seen by Reuters.
Countries that sign on agree to ‘reserve new regulation for novel considerations’ when writing rules for AI. They also will invest in ‘foundational research to accelerate discovery’ and strengthen commercial opportunities for new technology, according to the prepared remarks.
Kratsios will tell the group that ‘policymakers do not need to approach each innovation in isolation and should not treat every emerging technology as a first-of-a-kind policy problem,’ according to a copy of his prepared remarks seen by Reuters.
US firms OpenAI and Anthropic, two of the world’s largest AI companies, would benefit from a lack of regulation. 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.
The G20 leaders are convening at a key moment when there is a global debate over how to govern AI.