Advanced G7 nations should adopt “risk-based” regulation on artificial intelligence (AI), their digital ministers said yesterday, as European lawmakers hurry to introduce an AI Act to enforce rules on emerging tools such as ChatGPT.
However, such regulation should also “preserve an open and enabling environment” for the development of AI technologies and be based on democratic values, G7 ministers said in a joint statement issued at the end of a two-day meeting in Japan.
While the ministers recognized that “policy instruments to achieve the common vision and goal of trustworthy AI may vary across G7 members,” the agreement sets a landmark for how major countries govern AI amid privacy concerns and security risks.
Photo: Reuters via Kyodo
“The conclusions of this G7 meeting show that we are definitely not alone in this,” European Commission Executive Vice President Margrethe Vestager said ahead of the agreement.
Governments have especially paid attention to the popularity of generative AI tools such as ChatGPT, a chatbot developed by Microsoft Corp-backed OpenAI that has become the fastest-growing app in history since its November launch.
“We plan to convene future G7 discussions on generative AI, which could include topics such as governance, how to safeguard intellectual property rights including copyright, promote transparency, address disinformation” including information manipulation by foreign forces, the statement said.
EU lawmakers on Thursday reached a preliminary agreement on a new draft of its upcoming AI Act, including copyright protection measures for generative AI, following a call for world leaders to convene a summit to control such technology.
Vestager said the bloc “will have the political agreement this year” on the AI legislation, such as labeling obligations for AI-generated images or music, to address copyright and educational risks.
Japan, this year’s chair of G7, has taken an accommodative approach on AI developers, pledging support for public and industrial adoption of the technology.
Japan hoped to get the G7 “to agree on agile or flexible governance, rather than preemptive, catch-all regulation” over AI technology, Japanese Minister of Economy, Trade and Industry Yasutoshi Nishimura said on Friday ahead of the ministerial talks.
“Pausing [AI development] is not the right response. Innovation should keep developing, but within certain guardrails that democracies have to set,” French Minister for Digital Transition Jean-Noel Barrot said, adding that France would provide some exceptions to small AI developers under the upcoming EU regulation.
Besides intellectual property concerns, G7 countries recognized security risks.
“Generative AI ... produces fake news and disruptive solutions to the society if the data it’s based is fake,” Japanese Minister of Digital Affairs Taro Kono told a news conference after the agreement.
The top tech officials from the G7 — Canada, France, Germany, Italy, Japan, the UK and the US, along with the EU — met in Takasaki, a city about 100km northwest of Tokyo, following meetings last month on energy and foreign policy.
Japan is scheduled to host a G7 summit in Hiroshima later this month, where Japanese Prime Minister Fumio Kishida is to discuss AI rules with world leaders.
Real estate agent and property developer JSL Construction & Development Co (愛山林) led the average compensation rankings among companies listed on the Taiwan Stock Exchange (TWSE) last year, while contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) finished 14th. JSL Construction paid its employees total average compensation of NT$4.78 million (US$159,701), down 13.5 percent from a year earlier, but still ahead of the most profitable listed tech giants, including TSMC, TWSE data showed. Last year, the average compensation (which includes salary, overtime, bonuses and allowances) paid by TSMC rose 21.6 percent to reach about NT$3.33 million, lifting its ranking by 10 notches
Popular vape brands such as Geek Bar might get more expensive in the US — if you can find them at all. Shipments of vapes from China to the US ground to a near halt last month from a year ago, official data showed, hit by US President Donald Trump’s tariffs and a crackdown on unauthorized e-cigarettes in the world’s biggest market for smoking alternatives. That includes Geek Bar, a brand of flavored vapes that is not authorized to sell in the US, but which had been widely available due to porous import controls. One retailer, who asked not to be named, because
SEASONAL WEAKNESS: The combined revenue of the top 10 foundries fell 5.4%, but rush orders and China’s subsidies partially offset slowing demand Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) further solidified its dominance in the global wafer foundry business in the first quarter of this year, remaining far ahead of its closest rival, Samsung Electronics Co, TrendForce Corp (集邦科技) said yesterday. TSMC posted US$25.52 billion in sales in the January-to-March period, down 5 percent from the previous quarter, but its market share rose from 67.1 percent the previous quarter to 67.6 percent, TrendForce said in a report. While smartphone-related wafer shipments declined in the first quarter due to seasonal factors, solid demand for artificial intelligence (AI) and high-performance computing (HPC) devices and urgent TV-related orders
MINERAL DIPLOMACY: The Chinese commerce ministry said it approved applications for the export of rare earths in a move that could help ease US-China trade tensions Chinese Vice Premier He Lifeng (何立峰) is today to meet a US delegation for talks in the UK, Beijing announced on Saturday amid a fragile truce in the trade dispute between the two powers. He is to visit the UK from yesterday to Friday at the invitation of the British government, the Chinese Ministry of Foreign Affairs said in a statement. He and US representatives are to cochair the first meeting of the US-China economic and trade consultation mechanism, it said. US President Donald Trump on Friday announced that a new round of trade talks with China would start in London beginning today,