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The Group of Seven nations are preparing to ask tech companies to agree to a set of rules to mitigate the risks of artificial intelligence systems as part of a proposal aimed at uniting the divided approaches in Europe and the US.
British Prime Minister Rishi Sunak is set to host the summit in November bringing together governments, tech companies and academics to discuss the risks posed by the technology. But the invitee list has been kept under wraps, with some companies declining to say whether they have been invited.
Companies large and small are looking to expand and scale their AI capabilities to better serve clients and increase operational efficiencies.
Google is set to disclose the use of AI tools and content in political advertising on its platform, following in the footsteps of Facebook's policies on deepfakes. Social media platforms are implementing remedial measures in preparation for upcoming national elections. However, lawmakers must also establish regulations for AI across industries, such as approving locked algorithms and requiring regulatory disclosure for financial profiling.
Our columnist assesses the contrasts between the U.S. and E.U. approach to A.I. regulation—and how it could create a divided art industry.