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Independent Thinking

Can world leaders regulate AI before it’s too late?

Nov 3, 2023
Lucy Fisher, FT's Whitehall Editor, and experts Olivia O’Sullivan and Alex Krasodomski discuss the potential impacts of AI, the competition between UK and US, the difficulties of regulating AI technology, and the contrasting approaches to AI regulation in the UK and US.
24:33

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Quick takeaways

  • The Global AI Safety Summit aimed to address risks associated with emerging AI technology and resulted in the Bletchley Declaration, an agreement among 28 countries to prevent AI from becoming a threat to humanity.
  • Governance challenges persist as countries compete for leadership in AI development, highlighting the need for collaboration and information sharing to address both positive and negative impacts of AI.

Deep dives

The Global AI Safety Summit: Cooperation and Concerns

The Global AI Safety Summit, which took place in the UK, brought together China, the US, and the EU to cooperate on managing the risks of emerging AI technology. Various leaders, including Elon Musk and King Charles Evenchipton, emphasized the need for unity and urgency in addressing these threats. The summit resulted in the Bletchley Declaration, an agreement among 28 countries to ensure AI does not become a threat to humanity. However, the US also announced its own multilateral AI agreement, particularly focused on military use, and established its own Global AI Safety Institute. The summit aimed to achieve greater understanding of future risks associated with frontier AI.

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