G7 digital leaders agree to examine cross-border data transfers, interoperability of AI regulations
By Toko Sekiguchi ( April 30, 2023, 08:43 GMT | Insight) -- The Group of Seven has moved a step closer to establishing a framework to allow the cross-border flow of data as the volume of data required for the development of artificial intelligence and digital technologies accelerates the urgency for harmonized rules, with digital and tech leaders from the grouping vowing to continue their dialogue of ways to secure regulatory transparency. The two-day meeting of G7 digital leaders held in Japan agreed on the urgency of maintaining an open dialogue on generative artificial intelligence by discussing the need for shared standards for evaluating risk, to allow users and companies to better understand what’s being prohibited in each regulatory regime.The Group of Seven has moved a step closer to establishing a framework to allow the cross-border flow of data as the volume of data required for the development of artificial intelligence and digital technologies accelerates the urgency for harmonized rules, with digital and tech leaders from the grouping vowing to continue their dialogue of ways to secure regulatory transparency...
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