| NOTAS: | "The emergence of generative AI has sparked both enthusiasm and concern, especially because there is a currently a lack of know how of the technology itself. Given the significant private sector involvement in AI and the global nature of AI regulation, there is a growing need for comprehensive, technology-neutral, multi-stakeholder-driven regulatory frameworks. In addition to this need, there is a growing consensus on exploring potential risks from generative AI, while sensationalist media are driving the divide between existential and immediate concerns. This policy report aims to reframe the political discourse around regulating foundational technologies like generative AI, offering practical policy approaches and recommendations for global convergence. The “risk-based approach” from the EU AI Act is an illustrative example that policymakers, including those in the G7 Hiroshima AI Process, can adopt to assess any potential foundation model risks. This perspective is also relevant to initiatives like the Global Partnership on Artificial Intelligence (GPAI) and the G20, led by countries such as India and Brazil. This policy report comprises three main sections: one addressing risks arising from the use of generative AI, another discussing risk mitigation measures for the risks that were surfaced, and a final section charting a path for global governance of generative AI. It concludes with concrete policy recommendations for regulatory convergence through evidence-based, technology-neutral, multi-stakeholder, resilient policymaking." |
