G-20 Discusses Potential Risks of Artificial Intelligence and Global Regulation

During the Group of 20 summit, leaders engaged in discussions regarding the utilization of artificial intelligence for economic progress, while simultaneously safeguarding human rights. Several participants advocated for worldwide supervision of this swiftly advancing technology.

The G-20 host, Indian Prime Minister Narendra Modi, said the group should create a framework for “human-centric” AI governance, while European Commission President Ursula von der Leyen proposed a similar oversight body for the Intergovernmental Panel on Climate Change.

“It is telling that even the creators and inventors of artificial intelligence are demanding political leaders to regulate,” he said at the G20 meeting in New Delhi on Sunday.

In their final communiqué, G-20 leaders said they would work to ensure “responsible development, deployment and use of artificial intelligence” that would protect rights, transparency, privacy and data protection and avoid other problems. They also agreed to follow a “pro-innovation regulatory/governance approach” that maximizes the benefits of AI while taking into account the risks involved.

G-7 leaders agree to establish “Hiroshima Process” to manage artificial intelligence

The statement follows the consensus of the leaders of the Group of Seven advanced economies on the need for governance. In May, they expressed their concern about the risks of the technologies. At their meeting in Japan, they launched the “Hiroshima Process”, which aims to hold government-level discussions on the issue and present the results by the end of the year.

Artificial intelligence is also expected to be a core issue of Italy’s G7 presidency in 2024. Italian Prime Minister Giorgia Meloni and Modi discussed coordination at this weekend’s G20 meeting, according to his office.

The UK will host the first global AI summit on 1-2. November. Sunak is trying to put Britain at the forefront of technology that has the potential to do good – such as speed up medical diagnoses and reduce traffic emissions – but also risks being used for nefarious purposes, such as rigging elections and spreading disinformation.

Sunak will host the artificial intelligence summit from 1st to 2nd. November at the UK’s Code-Breaking Venue

US President Joe Biden and other G-7 leaders and technology chiefs, including OpenAI CEO Sam Altman, Microsoft CEO Satya Nadella, Anthropic’s Dario Amodei and DeepMind CEO Demis Hassabis, are expected to be invited to the UK summit, Bloomberg has previously reported.