Final hours! Save up to 55% OFF InvestingProCLAIM SALE

Elon Musk thinks China is interested in an international AI framework

Published 07/12/2023, 07:32 PM
Updated 07/13/2023, 04:31 AM
© Reuters. FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 202
TSLA
-

By Kanishka Singh and Anna Tong

WASHINGTON (Reuters) -Billionaire Elon Musk said on Wednesday he thinks China is interested in a cooperative international framework on artificial intelligence, from conversations he had when he visited a few weeks ago.

Musk made the remarks in a Twitter Space event with two U.S. congressmen, Democrat Ro Khanna and Republican Mike Gallagher.

"China is definitely interested in working in a cooperative international framework for AI regulation," Musk said. He added that he had advocated for artificial intelligence regulations and oversight, including in his meetings in China.

Musk's remarks came on the day he launched his long-teased artificial intelligence startup, xAI, after arguing for months about AI's potential for "civilization destruction."

Musk recently traveled to China and met the foreign, commerce and industry ministers as well as Vice Premier Ding Xuexiang. His Tesla (NASDAQ:TSLA) electric car company has a factory in Shanghai.

Musk later said the Chinese government would seek to initiate artificial intelligence regulations.

On Thursday, China issued a set of interim measures to manage the booming industry, paving the way for its tech companies to roll out AI services.

Chinese foreign ministry spokesperson Wang Wenbin said China attached great importance to the development and governance of AI and "advocates adhering to the principle of human-centred intelligence and creating artificial intelligence for good."

"China is willing to enhance communication and exchanges with the international community on AI security governance, promote the establishment of an international mechanism with universal participation, and form a governance framework and standards that share broad consensus," Wang told a regular briefing in response to a question about Musk's comments.

© Reuters. AI (Artificial Intelligence) letters and robot hand are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration

Several governments are considering how to mitigate the dangers of the emerging technology, which has experienced a boom in investment and consumer popularity in recent months after the release of OpenAI's ChatGPT.

Regulators globally have been scrambling to draw up rules governing the use of generative AI, which can create text and images. Its impact has been compared to that of the internet.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.