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U.S., Europe Working on Voluntary AI Code of Conduct as Calls Grow for Regulation

Margrethe Vestager, Executive Vice-President for A Europe Fit for the Digital Age and Competition, left, shakes hands with US Secretary of State Antony Blinken during a stakeholder event, in connection to the Trade and Technology Council (TTC) meeting between Europe and the United States, in Lulea, Sweden, Wednesday, May 31, 2023. (Jonas Ekstromer/TT News Agency via AP)
Margrethe Vestager, Executive Vice-President for A Europe Fit for the Digital Age and Competition, left, shakes hands with US Secretary of State Antony Blinken during a stakeholder event, in connection to the Trade and Technology Council (TTC) meeting between Europe and the United States, in Lulea, Sweden, Wednesday, May 31, 2023. (Jonas Ekstromer/TT News Agency via AP)

The United States and Europe are drawing up a voluntary code of conduct for artificial intelligence, a top European Union official said Wednesday, as the developing technology triggers warnings about the risks it poses to humanity and growing calls for regulation.

The voluntary code would bridge the gap while the 27-nation EU works on groundbreaking AI rules that won’t take effect for up to three years, European Commission Vice President Margrethe Vestager said at a meeting of the EU-U.S. Trade and Technology Council, which is jointly led by American and European officials.

“We need accountable artificial intelligence. Generative AI is a complete game changer,” Vestager said, adding that a draft of the code was expected within weeks.

She said officials will seek feedback from industry players, invite parties to sign up and promised “very, very soon a final proposal for industry to commit to voluntarily,” she said at a press conference after the council’s meeting in Sweden.

The council has “an important role to play in helping establish voluntary codes of conduct that would be open to all like-minded countries,” U.S. Secretary of State Antony Blinken said.

Related Story: Biden Admin Announces Proposal for Potential AI Regulations

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