Friday, May 03, 2024

U.S. and China Talks On AI Could Have Far-Reaching Implications For the Future of Global Commerce

©iStock/William_Potter
The high-level talks between the U.S. and China on artificial intelligence (AI) could have far-reaching implications for the future of global commerce, experts say.

U.S. Secretary of State Anthony Blinken has announced that the two countries will conduct their first high-level talks on AI, emphasizing its growing importance. The discussions are poised to cover crucial aspects of AI technology and regulation, and the outcomes may influence regulatory frameworks, technology trade policies, and cooperation in technological advancements. 

The U.S. has tightened restrictions on Beijing’s access to advanced technology and is nearing a ban on the social media app TikTok unless its Chinese parent company ByteDance sells it. 

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