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TOKYO, May 20 (Reuters) — Leaders of the Group of Seven (G7) nations on Saturday called for the development and adoption of international technical standards for trustworthy artificial intelligence (AI) as lawmakers of the rich countries focus on the new technology.

While the G7 leaders, meeting in Hiroshima, Japan, recognised that the approaches to achieving “the common vision and goal of trustworthy AI may vary”, they said in a statement that “the governance of the digital economy should continue to be updated in line with our shared democratic values”.

The agreement came after European Union, which is represented at the G7, inched closer this month to passing legislation to regulate AI technology, potentially the world’s first comprehensive AI law.

On Saturday, leaders of the Group of Seven (G7) nations made some public calls for the development and adoption of technical standards to keep artificial intelligence (AI) “trustworthy.” They added that they feared that governance of the technology has not kept pace with its growth.

This is according to a report by the Financial Post published on Saturday.

The leaders from the U.S., Japan, Germany, Britain, France, Italy, Canada and the EU said in a statement that while approaches to “the common vision and goal of trustworthy AI may vary,” the rules for digital technologies like AI should be “in line with our shared democratic values.”

In a wide-ranging and historic congressional hearing Tuesday, the creator of the world’s most powerful artificial intelligence called on the government to regulate his industry.

“There should be limits on what a deployed model is capable of and then what it actually does,” declared Sam Altman, CEO and cofounder of OpenAI, referring to the underlying AI which powers such products as ChatGPT.

He called on Congress to establish a new agency to license large-scale AI efforts, create safety standards, and carry out independent audits to ensure compliance with safety thresholds.

The hearing, run by Sen.


Technology As A Force For Good In People’s Lives — Dr. Emre Ozcan, PhD, VP, Global Head of Digital Health & Walid Mehanna, Group Data Officer And Senior Vice President, Merck KGaA, Darmstadt, Germany.


EPISODE DISCLAIMER — At any time during this episode when anyone says Merck, in any context, it shall always be referring to Merck KGaA, Darmstadt, Germany.

Dr. Emre Ozcan, Ph.D. is VP, Global Head of Digital Health, at Merck KGaA, Darmstadt, Germany (https://www.emdgroup.com/en), where he brings 15+ years experience in biopharma, med-tech and healthcare consulting with experience across strategy, research, marketing, and operations in several therapeutic areas. In his current role, he holds the accountability for the design and end-to-end delivery of digital health solutions to support Merck KGaA, Darmstadt, Germany franchise strategies and shape the architecture of the offering “around the drug” including devices and diagnostics.

Some of Daniel Schmarchtenberger’s friends say you can be “Schmachtenberged”. It means realising that we are on our way to self-destruction as a civilisation, on a global level. This is a topic often addressed by the American philosopher and strategist, in a world with powerful weapons and technologies and a lack of efficient governance. But, as the catastrophic script has already started to be written, is there still hope? And how do we start reversing the scenario?

Banks can attach SWIFT Codes and bank accounts to a UMU digital currency wallet and transaction SWIFT-like cross-border payments over digital currency rails completely bypassing the correspondent banking system at best-priced wholesale FX rates and with instantaneous real-time settlement.

In an IMF interview with Tobias Adrian, Financial Counsellor at the International Monetary Fund, he states “Cross-border payments can be slow, expensive, and risky. In today’s world of payments, counterparties in different jurisdictions rely on costly trusted relationships to offset the lack of a common settlement asset together with common rules and governance. But imagine if a multilateral platform existed that could improve cross-border payments—at the same time transforming foreign exchange transactions, risk sharing, and more generally, financial contracting.”

According to Darrell Hubbard, the Executive Director of the DCMA, and the chief architect of UMU, “This vision expressed by the IMF is the exact solution the DCMA is delivering to central banks worldwide.”

“AI is a challenge for global governance,” says a regulations expert.

The Cyberspace Administration of China (CAC), China’s internet regulator, proposed rules to govern artificial intelligence (AI) tools like OpenAI’s ChatGPT on Tuesday.

“China supports the independent innovation, popularization and application and international cooperation of basic technologies such as AI algorithms and frameworks,” CAC said in the draft regulation published on its website.


AndreyPopov/iStock.

Remark: This article is from The Conversation “En Anglais” written by Victor DOS SANTOS PAULINO & Nonthapat PULSIRI (V&N) — Experts from Toulouse Business School and The SIRIUS Chair (France)

When talking about space, one might think about the stars one sees at night or a good sci-fi film. But space is also crowded with satellites, spacecrafts and astronauts, whose missions can last anywhere from several days to months. Meanwhile, 8,216 unmanned satellites revolve around Earth’s orbits to improve our daily lives. Communication satellites contribute to enhancing Internet access in regions deprived of infrastructure (so-called “white areas”); meteorology satellites have become essential for weather forecasts, while navigation satellites (including GPS) are crucial for current and future transportation needs such as automatic driving vehicles.