By Foo Yun Chee

BRUSSELS (Reuters) – The Group of Seven (G7) industrialized nations will agree on a code of conduct for companies developing advanced artificial intelligence systems on Monday, a G7 document showed, as governments seek to mitigate the risks and possible misuse of this technology.

The voluntary code of conduct would mark a milestone in the way major countries regulate AI, amid concerns about privacy and security risks, according to documents seen by Reuters.

The Group of Seven (G7) economic leaders, formed by Germany, Canada, the United States, France, Italy, Japan and the United Kingdom, as well as the European Union, kicked off the process in May at a ministerial forum. called “Hiroshima Process with AI”.

The 11-point code “aims to promote safe and trusted AI worldwide and will provide voluntary guidance for the actions of organizations developing the most advanced AI systems, including the most advanced underlying models and generative AI systems,” the G7 document said.

The goal is “to help realize the benefits and address the risks and challenges posed by this technology.”

The code calls on companies to take appropriate steps to identify, assess and mitigate risks across the AI ​​lifecycle, as well as address incidents and patterns of misuse after AI products are launched.

Companies should publish reports on the capabilities, limitations, and uses and abuses of AI systems, and also invest in strong security controls.

The EU has been at the forefront of regulating emerging technologies with strong AI laws, while Japan, the United States and Southeast Asian countries have taken a more permissive approach than the EU to boosting economic growth.

Vera Jourova, European Commissioner for Digital Affairs, said at an Internet governance forum in Kyoto, Japan, earlier this month that the Code provides a strong basis for ensuring security and will serve as a bridge to normative standards.

(Reporting by Foo Yun Chee; Editing in Spanish by Ricardo Figueroa)