The European Union, G7, United States, and United Kingdom have announced initiatives aiming to establish governance regimes and guidelines around the technology’s use.
Amidst these efforts, an announcement made in late May by EU Executive Vice-President Margrethe Vestager at the close of the Fourth Trade and Technology Council (TTC) Ministerial in Sweden revealed an upcoming U.S.-EU “AI Code of Conduct.”
This measure represents a first step in laying the transatlantic foundations for global AI governance.
The AI Code of Conduct was presented as a joint U.S.-EU initiative to produce a draft set of voluntary commitments for businesses to adopt. It aims to bridge the gap between different jurisdictions by developing a set of non-binding international standards for companies developing AI systems ahead of legislation being passed in any country.
The initiative aims to go beyond the EU and U.S. to eventually involve other countries, including Indonesia and India, and ultimately be presented before the G7.
At present, questions remain surrounding the scope of the Code of Conduct and whether it will contain monitoring or enforcement mechanisms.
The AI Code of Conduct – coupled with other TTC deliverables emerging from the U.S.-EU Joint AI Roadmap – signals a path forward for the emergence of a transatlantic pillar of global AI governance.
Importantly, this approach circumvents questions of regulatory alignment and creates room for a broader set of multilateral actors, as well as the private sector.
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Robin Edgar
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