US and EU at odds over AI regulations: Is China poised to intervene? – POLITICO

Navigating the Uncharted Waters of AI Regulation: Insights from Global Stakeholders

The recent debate about the regulation of AI has brought to light the challenges and opportunities presented by this disruptive technology. Clegg, a former British deputy prime minister, compared policing AI to building a plane while it’s already in flight, emphasizing the risky nature of the task. Harris praised Washington’s efforts to address AI risks through voluntary business agreements, seen as the gold standard worldwide. von der Leyen, president of the European Commission, encouraged others to adopt Brussels’ enforceable rulebook to regulate technology more effectively.

The negotiations in the UK have been likened to European powers dividing territories in the 19th century due to the involvement of various countries, including China, EU members, and the US in signing a voluntary agreement to minimize AI risks. This growing awareness of the issue has been catalyzed by OpenAI’s ChatGPT, which has brought political attention to AI regulation. Policymakers anticipate a fierce competition to establish control over AI in the coming years, with winners and losers emerging by 2024 as new standards are set. POLITICO conducted interviews with numerous politicians, policymakers, tech executives, and other stakeholders uncovering the complex dynamics shaping the global response to AI. Many who were interviewed shared insights on sensitive matters shedding light on both challenges and opportunities presented by this groundbreaking technology.

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