Nvidia CEO urges G20 to avoid AI rules on theoretical harms

Nvidia CEO Jensen Huang urged Group of 20 nations on Wednesday to accelerate the adoption of artificial intelligence and avoid creating new regulations based on theoretical harms, arguing that excessive caution could leave countries behind in a critical technological race. Speaking at a G20 technology meeting in Chapel Hill, North Carolina, Huang called on the world's largest economies to expand data centers and other infrastructure to support AI, which he likened to essential utilities like water and electricity. The event, hosted by the United States, brought together ministers and top tech executives to discuss the future of AI governance. Huang, whose company is a leading provider of AI chips, warned that the single worst outcome for a country is failing to take advantage of the technology. He said that fear and uncertainty could prevent nations from capturing the economic benefits of AI. Huang recommended that governments adopt narrow regulations targeting practical and actual harm, rather than regulating theoretical and hypothetical risks. He argued that the responsibility for ensuring product safety should fall to companies rather than public officials.