Article 786VP G20 Ministers Adopt 'Carolina Principles' for Emerging Technologies

G20 Ministers Adopt 'Carolina Principles' for Emerging Technologies

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Cyrix6x86 writes:

G20 ministers adopt 'Carolina principles' for emerging technologies:

Ministers of the G20 countries have concluded a two-day 'Innovation Ministerial, ' reaching a consensus statement and establishing a new framework for the governance and deployment of emerging technologies. Hosted by the US Department of Commerce and the White House Office of Science and Technology Policy (OSTP) at Chapel Hill in North Carolina, the two-day summit brought together ministers from the world's major economies to chart a course for innovation-led growth.

Adoption of the Carolina Principles

G20 Ministers, on September 2 (local US time), released the consensus statement recognising that "emerging technologies have the potential to unlock prosperity, enhance productivity, and expand opportunity for all our peoples." The centrepiece of the ministerial was the adoption of the "Carolina Principles for Emerging Technologies." These principles call on G20 nations to invest in foundational research, strengthen commercialisation pathways, and enable trusted technology adoption.

Six Pillars for Innovation

The consensus statement is built on six critical pillars. These include the Pro-innovation policy frameworks that limit regulatory burdens, Technology for opportunity and prosperity to enhance productivity, Skilled technical workforce development to prepare the global labour force, Intellectual property (IP) policies for Artificial Intelligence (AI) to protect innovation, AI for standards and standards for AI to ensure interoperability and safety and Industrial innovation and investment in supply chains to ensure resilience.

"Achieving consensus in the G20 is no small feat, but the topic of innovation as a driver of growth brought us together for a historic moment of unity," US Secretary of Commerce Howard Lutnick said.

He said that the statement released by the G20 member ministers "gives entrepreneurs the confidence to invest in their ideas, promotes domestic manufacturing, and ensures intellectual property frameworks foster and protect innovation."

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