How the UN AI Resolution Could Reshape Commerce

PYMNTS.com July 3, 2024

The United Nations General Assembly greenlit Monday (July 1) a China-sponsored, United States-backed resolution on artificial intelligence, signaling a potential sea change in global AI regulation and commerce.

This cooperation between the two tech titans comes just months after a U.S.-led AI safety measure, highlighting the complex dance of collaboration and rivalry in the race to shape AI’s future.

The nonbinding resolution, which garnered support from over 140 sponsors, calls on wealthy nations to ensure equal opportunities for developing countries in AI use and benefits. It emphasizes the need for a “fair, open, inclusive and nondiscriminatory business environment” in AI development and deployment, potentially reshaping global trade dynamics in the tech sector.

“The resolution supports efforts to export U.S. AI...

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