China Opposes US Restrictions on Investment in Advanced Technology, Unsupportive of AI Development

Reported 12 months ago

China's permanent representative to the UN, Fu Cong, stated that the US proposal in June to restrict American investment in Chinese artificial intelligence (AI) is not conducive to the 'healthy development' of AI and will 'create divisions' in global governance and norms. Fu strongly opposes the US measures, citing the lack of an inclusive business environment and urging Washington to reconsider. The US initiative aligns with President Biden's executive order in August 2023, listing China, Hong Kong, and Macau as 'concerns' due to the potential military and intelligence effects of advanced technologies. China led a UN resolution unanimously supported by over 140 countries, emphasizing international cooperation in AI. While symbolic, the resolution plays a role in the Beijing-Washington battle for dominance in global AI governance amid both nations portraying the other as destabilizing forces. The article discusses the significance of two complementary resolutions, with China's focus on capacity building and the US resolution promoting safe and reliable AI systems globally.

Source: YAHOO

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