China Races Ahead of US on AI Regulation

While American leaders fret that China might eventually overtake the U.S. in developing artificial intelligence, Beijing is already way ahead of Washington in enacting rules for the new technology. From a report: Chinese officials will close consultation Wednesday on a second round of generative AI regulation, building on a set of rules governing deepfakes agreed in 2022. The Biden administration is behind both allies and adversaries on AI guardrails. While officials in Washington talk about delivering user rights and urge CEOs to mitigate risks, Beijing and Brussels are actually delivering rights and mitigating risks. If China can be first on AI governance, it can project those standards and regulations globally, shaping lucrative and pliable markets. At the same time, Beijing's speedy regulation achieves three goals at home:Delivers tighter central government control of debate. Builds up hybrid corporate entities that are meshed with the Chinese Communist Party. Boosts trust in AI -- already among the highest levels globally -- which drives consumer uptake and spurs growth.

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