U.S. Urges G20 to Adopt Hands-Off Approach to AI Regulation

The United States urged fellow G20 members on Tuesday to adopt a hands-off approach to regulating artificial intelligence, advocating against the creation of new regulatory bodies and instead promoting a focus on rules for novel situations. The push came at a two-day meeting of industry leaders and commerce ministers in Chapel Hill, North Carolina, hosted by U.S. Commerce Secretary Howard Lutnick and White House tech adviser Michael Kratsios. Kratsios, co-hosting the gathering, called on countries to adopt what he termed the "Carolina Principles," which would see nations avoid writing entirely new regulations for AI. Instead, he argued, policymakers should focus on crafting rules for specific, novel applications of the technology. "Policymakers do not need to approach each innovation in isolation and should not treat every emerging technology as a first-of-its-kind policy problem," Kratsios said in a speech. He also urged investment in foundational research to accelerate discovery and strengthen commercial opportunities. The U.S.