Document: G7 to agree AI code of conduct for companies

G7 will tomorrow agree a code of conduct for companies developing advanced artificial intelligence systems as governments seek to mitigate the risks and potential misuse of the technology. — Reuters picBRUSSELS, Oct 29 — The Group of Seven industrial countries will tomorrow agree a code of conduct for companies developing advanced artificial intelligence systems, a G7 document showed, as governments seek to mitigate the risks and potential misuse of the technology.

Leaders of the Group of Seven economies made up of Canada, France, Germany, Italy, Japan, Britain and the United States, as well as the European Union, kicked off the process in May at a ministerial forum dubbed the “Hiroshima AI process”.

The code urges companies to take appropriate measures to identify, evaluate and mitigate risks across the AI lifecycle, as well as tackle incidents and patterns of misuse after AI products have been placed on the market.Companies should post public reports on the capabilities, limitations and the use and misuse of AI systems, and also invest in robust security controls.

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