May 22, 2024 5:43 pm
US and EU at odds over AI regulations: Is China poised to intervene? – POLITICO

For the past year, there has been a global political battle over the regulation of AI. This digital power struggle continues, with the victor establishing dominance over regulations for this groundbreaking technology. The rules agreed upon now will likely shape the future of AI regulation for years to come, making them crucial decisions.

In a recent debate, Clegg compared policing AI to building a plane while it’s already in flight — a risky and challenging task. Many observers likened the negotiations in the UK to European powers dividing territories in the 19th century. The involvement of various countries, including China, EU members, and the US, in signing a voluntary agreement to minimize AI risks reflects the growing awareness of the issue. As OpenAI’s ChatGPT has catalyzed political attention, it has become clear that AI regulation is becoming increasingly important.

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 the challenges and opportunities presented by this disruptive technology. 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.

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