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US to Push Hands-Off AI Regulation at Upcoming G-20 Meeting

· Technology · Economic Times, Al Jazeera

The United States administration will urge G-20 member nations to adopt a hands-off regulatory approach toward artificial intelligence during a two-day ministerial meeting in North Carolina. US Commerce Secretary Howard Lutnick and White House tech adviser Michael Kratsios are hosting industry leaders to promote a pro-growth vision for emerging technologies. The US position opposes the creation of new international regulatory bodies to oversee AI development amid intensifying competition with China for global technology supremacy. Recently, a United Nations panel warned that technological advancements are outpacing government policy, while separate security incidents involving rogue AI agents at OpenAI and Hugging Face raised industry concerns. Executives including OpenAI CEO Sam Altman, Nvidia CEO Jensen Huang, and Tesla CEO Elon Musk are scheduled to address the delegates during the summit.

Why it matters

Global technology companies and international policymakers face diverging regulatory frameworks as the US pushes for deregulated AI expansion.

Read the original report — Economic Times

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