This was the first time that the G7 was deliberating on AI, and came after the explosive advance in technology such as OpenAI’s ChatGPT.

G7 leaders have called for the establishment of “guardrails” to regulate the development of artificial intelligence (AI) at their 3-day summit in Japan that commenced today. There is a growing need for oversight of AI due to its rapid advancements and potential abuses, the leaders felt.

European Commission President Ursula von der Leyen and UK Prime Minister Rishi Sunak were among those who emphasized the importance of implementing safeguards for AI development. They highlighted the need for accuracy, reliability, safety, and non-discrimination in AI systems. (FT)

Governments, including the EU and the US, are exploring regulations for AI, with EU lawmakers last week agreeing on strict rules on the use of the technology.

“We reaffirm that AI policies and regulations should be human centric and based on nine democratic values, including protection of human rights and fundamental freedoms and the protection of privacy and personal data,” the G7 ministers said in a statement.

“We also reassert that AI policies and regulations should be risk-based and forward-looking to preserve an open and enabling environment for AI development and deployment that maximizes the benefits of the technology for people and the planet while mitigating its risks.”

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