The United States will urge countries not to create new regulations or regulatory bodies to oversee the development of artificial intelligence. US adviser Michael Kratsios will present the so called Carolina Principles at a two day meeting of trade ministers and industry representatives in North Carolina.

Signatories should implement new rules only for issues that have not yet been addressed, support basic research and strengthen business opportunities. According to Kratsios, policymakers do not need to approach every innovation in isolation or view it as an entirely new problem.

Mark Zuckerberg, Demis Hassabis, Sam Altman, Jensen Huang, Elon Musk and David Sacks will also speak at the meeting. Commerce Secretary Howard Lutnick will host the event.

The US approach is also linked to competition with China. Chinese models, which feature publicly accessible core components, are converging with the closed systems of companies like Anthropic and OpenAI and are gaining popularity among US firms. Washington therefore wants to keep other countries within its technological ecosystem.

A United Nations panel recently warned that AI development is outpacing scientific understanding and government policies. Canada aims to promote a balance between innovation, public trust and security.

The meeting precedes the December G20 summit in Miami.

(Reuters, bak)