AI has grown to be a significant enough worry that it was added to the G7 summit’s weekend agenda, which was already jam-packed with important topics.
Fears over AI’s negative effects coincide with US efforts to limit China’s access to essential technology.
Concerns Over AI Impact
The US appears to be in the lead in the AI race right now. Furthermore, there is already a chance that the current limitations on semiconductor shipments to China may impede Beijing’s technical advancement.
Analysts predict that China will eventually overtake the United States since AI solutions take time to develop.
Depending on how you define advancement, Chinese internet companies “are potentially more advanced than US internet companies,” Kendra Schaefer, head of tech policy research at Trivium China.
Silicon Valley, probably the world’s top entrepreneurial hub, is the US’s largest advantage. It is the origin of technological behemoths like Google, Apple, and Intel, which have influenced modern life.
As per Pascale Fung, director of the Center for Artificial Intelligence Research at the Hong Kong University of Science and Technology, the nation’s distinct research culture has aided innovators.
Without a specific product in mind, researchers frequently work for years to advance technology, according to Ms. Fung.
For many years, OpenAI, for instance, ran as a non-profit organization while it developed the Transformers machine learning model, which later powered ChatGPT.
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Implications for Global Cooperation
The nation’s effort for research has received support from American investors as well. Microsoft said in 2019 that it would invest $1 billion (£810,000) in OpenAI.
Chinese users have more privacy protections from new AI apps than their G7 counterparts thanks to China’s draft regulations on generative AI, which were published last month and follow earlier regulations targeting deep fakes.
Notwithstanding their criticism of China and simultaneous interest in AI regulation, member states might have something to gain from some aspects of China’s strategy.
In the communiqué’s sections on technology and economy, China’s function as an unnamed catalyst is evident.
The statement promises to coordinate a strategy for economic resilience and economic security that is focused on diversifying and strengthening partnerships and de-risking, not decoupling, just beneath supporting Ukraine and nuclear nonproliferation.
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