{"id":35162,"date":"2023-05-01T01:12:17","date_gmt":"2023-04-30T19:42:17","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=35162"},"modified":"2025-04-20T22:13:01","modified_gmt":"2025-04-20T16:43:01","slug":"about-group-of-seven-g7-g7-should-adopt-risk-based-ai-regulation","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/about-group-of-seven-g7-g7-should-adopt-risk-based-ai-regulation\/","title":{"rendered":"About Group of Seven (G7): G7 Should Adopt \u2018Risk-Based\u2019 AI Regulation"},"content":{"rendered":"<h3><strong>What\u2019s in today\u2019s article?<\/strong><\/h3>\n<ul>\n<li><strong>Why in News?<\/strong><\/li>\n<li><strong>What is the Group of Seven (G7)?<\/strong><\/li>\n<li><strong>Artificial Intelligence (AI)<\/strong><\/li>\n<li><strong>Need to regulate AI<\/strong><\/li>\n<li><strong>News Summary Regarding AI Regulation<\/strong><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2><strong>Why in News?<\/strong><\/h2>\n<ul>\n<li>At the end of a two-day meeting in Japan, the digital ministers of the G7 advanced nations recently agreed <strong>to adopt &#8220;risk-based&#8221; regulation on artificial intelligence (AI).<\/strong><\/li>\n<li>The decision comes amid European lawmakers are in a hurry <strong>to introduce an AI Act to enforce rules on emerging tools such as ChatGPT<\/strong> &#8211; a chatbot (developed by OpenAI) that has become the fastest-growing app in history since its launch.<\/li>\n<\/ul>\n<p><strong>\u00a0<\/strong><\/p>\n<h2><strong>What is the Group of Seven (G7)?<\/strong><\/h2>\n<p><img decoding=\"async\" src=\"https:\/\/vajiramandravi-test.s3.us-east-1.amazonaws.com\/media\/content\/ckeditor\/2023\/05\/03\/image-20230503091018-1.png\" alt=\"\" \/><\/p>\n<ul>\n<li>It is <strong>an intergovernmental informal political forum <\/strong>of 7 wealthy democracies formed in 1975.<\/li>\n<li>It consists of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.<\/li>\n<li>It is officially organised around shared values of <strong>pluralism and representative government<\/strong>, with members making up the world\u2019s largest International Monetary Fund (IMF)<strong> advanced economies<\/strong> in the world.<\/li>\n<li>The heads of government of the member states, as well as the representatives of the <strong>European Union<\/strong> (non-enumerated member), meet at the annual G7 Summit.<\/li>\n<li>As of 2020, <strong>G7 accounts for over half of global net wealth<\/strong> (at over $200 trillion), 30 to 43% of global GDP and 10% of the world&#8217;s population.<\/li>\n<\/ul>\n<p><strong>\u00a0<\/strong><\/p>\n<h2><strong>Artificial Intelligence (AI):<\/strong><\/h2>\n<ul>\n<li>Artificial intelligence (AI) is the <i><strong>ability of a computer or a robot controlled by a computer to do tasks that are usually done by humans because they require human intelligence and discernment<\/strong><\/i>.<\/li>\n<li>The term is frequently applied to the project of developing systems endowed with the intellectual processes characteristic of humans, such as the ability to reason, discover meaning, generalize, or learn from past experience.<\/li>\n<li>AI algorithms are trained using large datasets so that they can identify patterns, make predictions and recommend actions, much like a human would, just faster and better.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2><strong>Need to regulate AI:<\/strong><\/h2>\n<ul>\n<li><strong>Issues with AI<\/strong>\n<ul>\n<li>Artificial Intelligence is already suffering from three key issues \u2013 <strong>privacy<\/strong>, <strong>bias<\/strong> and <strong>discrimination<\/strong>.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Regulator vacuum<\/strong>\n<ul>\n<li>Currently, governments do not have any policy tools to halt work in AI development. If left unchecked, it can start infringing on \u2013 and ultimately take control of \u2013 people\u2019s lives.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Increased use of AI &amp; privacy<\/strong>\n<ul>\n<li>Businesses across industries are increasingly deploying AI to analyse preferences and personalize user experiences, boost productivity, and fight fraud.\n<ul>\n<li>For example, ChatGPT Plus, has already been integrated by <strong>Snapchat<\/strong>, <strong>Unreal<\/strong> <strong>Engine<\/strong> and <strong>Shopify<\/strong> in their applications.<\/li>\n<\/ul>\n<\/li>\n<li>This growing use of AI has already transformed the way the global economy works and how businesses interact with their consumers.<\/li>\n<li>However, in some cases it is also beginning to infringe on people\u2019s privacy.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Fixing accountability<\/strong>\n<ul>\n<li>AI should be regulated so that the entities using the technology act responsible and are held accountable.<\/li>\n<li>Laws and policies should be developed that broadly govern the algorithms which will help promote responsible use of AI and make businesses accountable.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2><strong>News Summary Regarding AI Regulation:<\/strong><\/h2>\n<ul>\n<li>The G7 ministers\u2019 agreement sets a landmark for how major countries <strong>govern AI amid privacy concerns and security risks.<\/strong><\/li>\n<li>Such regulation should <strong>preserve an open and enabling environment<\/strong> for the development of AI technologies and be based on democratic values.<\/li>\n<li>However, the policy instruments to achieve the common vision and goal of trustworthy <strong>AI may vary across G7 members.<\/strong><\/li>\n<li>The ministers plan to convene<strong> future G7 discussions on generative AI <\/strong>which could include topics such as governance, how to safeguard intellectual property rights including copyright, etc.<\/li>\n<li><strong>Japan<\/strong>, the chair of 49th G7 annual summit, has taken an accommodative approach on AI developers, pledging support for public and industrial adoption of AI.<\/li>\n<li>Japan hoped to get the G7 <strong>to agree on agile or flexible governance<\/strong>, rather than preemptive, catch-all regulation over AI technology.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<hr \/>\n<h3><strong>Q1) What is ChatGPT?<\/strong><\/h3>\n<p>ChatGPT is an artificial intelligence chatbot developed by OpenAI and released in November 2022. It is built on top of OpenAI&#8217;s GPT-3.5 and GPT-4 foundational large language models and has been fine-tuned using both supervised and reinforcement learning techniques.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<h3><strong>Q2) Which is the host country of the 49th G7 annual summit?<\/strong><\/h3>\n<p>The 49th G7 summit will be held from 19 to 21 May 2023 in Hiroshima, Hiroshima Prefecture, Japan.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><strong>Source:<\/strong>\u00a0<a href=\"https:\/\/telecom.economictimes.indiatimes.com\/news\/internet\/g7-should-adopt-risk-based-ai-regulation-propose-ministers\/99883302\" target=\"_blank\" rel=\"nofollow noopener\"><u>G7 should adopt &#8216;risk-based&#8217; AI regulation, ministers say<\/u><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>G7 an intergovernmental informal political forum of 7 wealthy democracies formed in 1975.<\/p>\n","protected":false},"author":5,"featured_media":35163,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18],"tags":[],"class_list":{"0":"post-35162","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-mains-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/35162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=35162"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/35162\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/35163"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=35162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=35162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=35162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}