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G7 Poised to Finalize Ethical Code of Conduct for AI Developers on October 30th

Algoine News
Summary:
The Group of Seven (G7), a consortium of seven industrialized nations, is set to finalize an ethical code for artificial intelligence (AI) developers on October 30th. The 11-point code aims to foster safe, reliable, and trustworthy AI systems, and addresses potential risks. It encourages companies to publicize reports on their systems' abilities, limitations, and use, and proposes implementing strong security measures. The code was drafted during the G7 meeting in Hiroshima, Japan, attended by Digital and Tech Ministers who discussed AI governance among other topics.
On October 30th, the consortium of seven industrialized nations, identified as the Group of Seven (G7), intends to conclude an ethical guidance for artificial intelligence (AI) developers, as reported by Reuters. The code, which is outlined in 11 principles, is aimed at ensuring AI systems worldwide are safe, reliable, and can be trusted. It is designed to allow for the full exploitation of AI's potential, while also addressing and mitigating its inherent risks. Originally drafted by the G7 leaders in September, the guideline serves as a voluntary blueprint for those engaged in creating the most advanced AI technologies, encompassing cutting-edge foundation models, and generative AI systems. One of the key suggestions is for businesses to disclose their system's capabilities, limitations, intended use, and potential misuse. In addition, institutions are encouraged to implement strong security measures to enhance system integrity. The participating nations in the G7 include Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and the European Union. Cointelegraph has approached the G7 for further information and verification of this unfolding story. The annual G7 meeting was held in Hiroshima, Japan, earlier this year. Digital and Tech Ministers from each participating nation convened over two days, April 29 and 30, discussing topics from emerging tech and digital infrastructure to ethical AI and global AI governance. Around the world, governments are grappling with the advantages and challenges presented by AI. The European Union took the lead in AI regulation, introducing the landmark EU AI Act guidelines, of which the first draft was approved back in June. In a similar vein, a 39-member advisory board was set up by the United Nations on October 26 to tackle AI-related regulatory issues globally. China also joined the race, implementing its AI regulations starting August. Meanwhile, within the AI industry, OpenAI, maker of the well-known chatbot ChatGPT, has declared its intention to form a 'preparedness' team, tasked with investigating AI-related potential risks.

Published At

10/30/2023 11:53:57 AM

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