Reuters: G7 to agree AI code of conduct for companies

It had been rumoured that the US would issue some regulations around the use of AI this week. Now it looks like all the G7 are involved, according to Reuters:

The Group of Seven industrial countries will on Monday agree a code of conduct for companies developing advanced artificial intelligence systems, a G7 document showed, as governments seek to mitigate the risks and potential misuse of the technology.

The voluntary code of conduct will set a landmark for how major countries govern AI, amid privacy concerns and security risks, the document seen by Reuters showed.

Leaders of the Group of Seven (G7) economies made up of Canada, France, Germany, Italy, Japan, Britain and the United States, as well as the European Union, kicked off the process in May at a ministerial forum dubbed the “Hiroshima AI process”.

The 11-point code “aims to promote safe, secure, and trustworthy AI worldwide and will provide voluntary guidance for actions by organizations developing the most advanced AI systems, including the most advanced foundation models and generative AI systems”, the G7 document said.

What will this mean in practice for AI chatbots? We’ll have to see how the big players – OpenAI, Microsoft and Google – react.

Read the report here.

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