Reuters:G7 countries to agree on rules for AI companies

AI, G7, security, artificial intelligence

The G7 group of economically advanced countries will agree on Monday on a code of conduct for companies developing advanced artificial intelligence (AI) systems. This is according to a document seen by Reuters. This is an effort by governments to mitigate the risks and potential misuse of the technology.

AI code of conduct

The voluntary code of conduct sets out rules on how major countries will manage AI. The document focuses on privacy concerns and security risks, according to Reuters. Leaders of the G7 group, which includes the United States, Canada, France, Germany, Italy, Japan and Britain, launched the process in May at a ministerial forum dubbed the “Hiroshima AI Process.”
The 11-point code is intended to “help harness the benefits and address the risks and challenges posed by these technologies”. It aims to “promote safe, secure and trustworthy AI worldwide and will provide voluntary guidelines for action by organisations developing the most advanced AI systems, including the most advanced AI baseline models and generative AI systems.”

Security controls

Companies should publish reports on the capabilities, limitations and use and abuse of AI systems, according to the document. The document also calls for them to invest in robust security controls as well.

The European Union as a whole is also counted among the G7. The EU has been at the forefront of efforts to regulate AI and has a law on AI. Japan, the United States and countries in Southeast Asia, on the other hand, have taken a more relaxed approach to AI in order to promote economic growth.



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