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Home»Ethics & Society»World Leaders to Adopt New AI Agreement at Virtual Summit Co-hosted by South Korea and UK
Ethics & Society

World Leaders to Adopt New AI Agreement at Virtual Summit Co-hosted by South Korea and UK

News RoomBy News RoomMay 23, 20240 ViewsNo Comments2 Mins Read
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Aiming to address the risks and benefits of AI, the upcoming virtual summit involving world leaders will focus on safety, innovation, and inclusivity. The event comes as leading scientists stress the need for urgent regulatory actions and stricter oversight in the field of artificial intelligence.

World leaders are scheduled to adopt a new agreement on artificial intelligence (AI) during a virtual summit on May 21-22, 2024, co-hosted by South Korea and the United Kingdom. The summit, an extension of November’s AI Safety Summit at Bletchley Park, aims to address the risks and benefits of AI, focusing on safety, innovation, and inclusivity.

The event will see participation from leaders of G7 nations, Australia, Singapore, and representatives from international organizations and major tech firms like Meta, OpenAI, Google, and Amazon. South Korean President Yoon Suk Yeol and British Prime Minister Rishi Sunak will lead the discussions.

A consensus paper published by 25 leading AI scientists highlights the need for urgent regulatory actions and stricter oversight, arguing that current governmental efforts are inadequate. The scientists stress the importance of establishing rapid-response institutions for AI oversight and mandate rigorous risk assessments.

China will participate in the in-person meeting on the second day but will not join the virtual summit. This summit serves as a precursor to a full in-person meeting in France later.

The discussions come amid rapid advancements in AI by companies like OpenAI, Google, and Apple, intensifying the need for global cooperation and regulation to manage AI’s potential risks and benefits effectively.

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