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The Group of Seven industrial countries have agreed on a code of conduct for companies developing advanced Artificial Intelligence systems, a G7 document showed, as governments seek to mitigate the risks and potential misuse of the technology.
The voluntary code of conduct will be a landmark for how major countries govern AI amid privacy concerns and security risks, as per reports. Leaders of the Group of Seven (G7) economies consisting of Canada, France, Germany, Italy, Japan, Britain and the United States, as well as the European Union, began the process in May at a ministerial forum referred to as the “Hiroshima AI process”.
This 11-point code “aims to promote safe, secure, and trustworthy AI worldwide and will provide voluntary guidance for actions by organisations developing the most advanced AI systems including the most advanced foundation models and generative AI systems”, the G7 document said. It “is meant to help seize the benefits and address the risk and challenges brought by these technologies”.
Through the document, they called on organisations in consultation with other relevant stakeholders to follow these actions in line with a risk-based approach. At the same time, governments develop more enduring or detailed governance and regulatory approaches. “We also commit to develop proposals, in consultation with the OECD, GPAI and other stakeholders, to introduce monitoring tools and mechanisms to help organisations stay accountable for implementing these actions”, it read. Moreover, the code was developed to encourage organisations to support the development of effective monitoring mechanisms, which may be explored by contributing best practices.
The document also sheds light on the significance of respecting the rule of law, human rights, due process, diversity, fairness and non-discrimination, democracy, and human-centricity in the design, development and deployment of advanced AI systems, all while harnessing the opportunities of innovation, by these organisations.
Given below are the 11 principles for which the organisations have been called on to abide, proportional to the risks: