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Insurance Journal

Urges Hands-Off Approach to AI Regulation at G20 Tech Meeting

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Urges Hands-Off Approach to AI Regulation at G20 Tech Meeting
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The U.S. urged G20 members to avoid a hands-off approach to AI regulation that would create new rules, arguing that governments shouldn’t write broad frameworks for every technology at a meeting of industry leaders and commerce ministers in North Carolina. U.S. tech adviser Michael Kratsios said countries should focus on rules for “novel” situations, while investing in “foundational research” to accelerate discovery. Video remarks from Google DeepMind’s Demis Hassabis called for safety tests, Meta’s Mark Zuckerberg opposed restricting open-weight AI models, and Elon Musk criticized EU rules as slowing progress. The debate comes amid concerns about AI governance and a UN warning that advances outpace understanding, including a hack tied to an OpenAI-linked rogue agent.

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