G20 member states have adopted the "Carolina Principles", backing the U.S. AI "light-touch regulation" approach.
3 days ago
Representatives from major global economies have unanimously agreed to adopt the U.S.-proposed governance principles for artificial intelligence (AI) and emerging technologies. U.S. Secretary of Commerce Lutnick said Group of 20 (G20) member states unanimously adopted the framework, dubbed the "Carolina Principles," on Wednesday, a key win for the Trump administration and Silicon Valley. The principles call on G20 nations to implement differentiated regulatory approaches across industries, account for potential costs of delaying technology rollouts when testing new technologies like AI, and strengthen cooperation between governments and private enterprises in emerging tech testing. Michael Kratsios, White House science and technology policy advisor, stated the U.S. delivered a clear message to attendees: it aims to drive global economic growth and innovation. The principles will be submitted for formal approval by world leaders at the G20 summit hosted by Trump in Doral, Florida this December.
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